A change in the relative prices of which of the following pair of good – McqOptions

MCQOPTIONS

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

Discussion

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