The substitution effect works to encourage a consumer to purchase more of as product when the price of tha good is falling because

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Other products are now less expensive than before

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The consumer's real income has increased

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The consumer's real income has decreased

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The product is now less expensive than before

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None of the above

1.	The substitution effect works to encourage a consumer to purchase more of as product when the price of tha good is falling because
A.	The consumer's real income has increased
B.	The consumer's real income has decreased
C.	The product is now less expensive than before
D.	Other products are now less expensive than before
E.	None of the above
Answer» D. Other products are now less expensive than before

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