The movement along an indifference curve reflecting the substitution of cheaper products for more expensive ones is
A. | supply effect. |
B. | utility effect. |
C. | a substitution effect. |
D. | an income effect. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |