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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    When the Price of a Good Falls, Consumers Buy a Larger
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When the Price of a Good Falls, Consumers Buy a Larger

Question 155

Question 155

Multiple Choice

When the price of a good falls, consumers buy a larger quantity because of the ________ effect and the ________ effect.


A) substitution; income
B) normal; inferior
C) substitute; complement;
D) supply; demand

Correct Answer:

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