MCQOPTIONS
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| 1. |
A change in the relative prices of which of the following pair of goods would likely cause the smallest substitution effect ? |
| A. | right shoes and left shoes |
| B. | petrol from BP and petrol from shell |
| C. | kit-Kat chocolate snacks and Twix chocolate snacks |
| D. | coke and Pepsi |
| Answer» B. petrol from BP and petrol from shell | |