Explain how the substitution affect in the income effect interact with changes in price to change the quantity demanded

Biology

1 answer:

kolbaska11 [484]2 years ago

6 0

Answer:

For normal goods, the income effect and the substitution effect both work in the same direction; a decrease in the relative price of the good will increase quantity demanded both because the good is now cheaper than substitute goods, and because the lower price means that consumers have a greater total purchasing power.

Explanation:

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Answer:

The trait is Y-linked

Explanation:

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Explanation

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2 years ago

What is the electron configuration of an element with atomic number 20? A. 1s2 2s2 2p6 3s2 3p5 B. 1s2 2s2 2p6 3s2 3p6 C. 1s2 2s2

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Answer:

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