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Varvara68 [4.7K]
3 years ago
15

When a consumer chooses to purchase one item over another because it is cheaper, this is known as the:

Social Studies
1 answer:
Anna35 [415]3 years ago
7 0
<span>Substitution Effect, The idea that as prices rise (or incomes decrease) consumers will replace more expensive items with less costly alternatives</span>
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<h3>What is psychology?</h3>

Psychology is one of the studies of mental behaviors of individuals, and how their brains are worked. It more focuses on the human minds and human behaviors.

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Therefore, the outgroup homogeneity effect is shown by Lisa.

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all federal & state supreme courts.

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