A. The ceteris paribus effect
B. The diminishing marginal utility effect.
C. The substitution effect
D. The income effect
Correct Answer: The substitution effect ✔
Last Updated: June 18, 2019
A. The ceteris paribus effect
B. The diminishing marginal utility effect.
C. The substitution effect
D. The income effect
Correct Answer: The substitution effect ✔
Last Updated: June 18, 2019