In the case of a normal good, the income effect
| A. | Partially offsets the substitution effect |
| B. | Completely offsets the substitution effect |
| C. | Is always equal to the substitution effect |
| D. | Reinforces the substitution effect |
Answer : D Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
