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Business, 28.12.2019 01:31 mariaveliz2201

Assume that ice cream is a normal good. if the price of ice cream decreases, the substitution effect and the income effect will lead to which of the following changes in ice cream consumption?
a. increase decrease
b. increase increase
c. increase/ no change

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Assume that ice cream is a normal good. if the price of ice cream decreases, the substitution effect...
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