asiadharris10
asiadharris10 asiadharris10
  • 04-04-2018
  • History
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price is a factor in all economic decisions ,as prices go up consumers may choose to buy another similar product for less cost.

This is known as

a.the law of diminishing marginal utility
b.the substitution effect
c.and inverse relationship
d.the quantity demanded

Respuesta :

harlering00p2aou5
harlering00p2aou5 harlering00p2aou5
  • 04-04-2018
the best and only answer is b the substitution effect
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