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For a Low-Priced Good,the ________ Is Generally Negligible and the Substitution

Question 44

Multiple Choice

For a low-priced good,the ________ is generally negligible and the substitution effect tends to ________.


A) maximization point; disappear
B) maximization point; magnify
C) real-income effect; yield
D) real-income effect; dominate
E) complement effect; increase

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