Multiple Choice
Price effect is
A) income effect - substitution effect
B) substitution effect - income effect
C) income effect + substitution effect
D) income effect + substitution effect- negative effects
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: The income effect for a commodity is<br>A)is
Q7: Which of the following statements is true<br>A)hicksian
Q8: For a giffen good, when price falls<br>A)demand
Q9: Inferior goods are the goods with<br>A)falling income
Q10: If negative income effect is greater than
Q12: Which of the following is called gossans
Q13: When individuals income falls (everything remain the
Q14: Indifference curves are<br>A)always parallel<br>B)may be parallel<br>C)may not
Q15: Which of the following statement is FALSE
Q16: If negative income effect is less than