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The idea that says that the reduction in quantity demanded is because price increases make us poorer is known as the

The idea that says that the reduction in quantity demanded is because price increases make us poorer is known as the
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The idea that says that the reduction in quantity demanded is because price increases make us poorer is known as the

asked
User Danny Broadbent
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1 Answer

10 votes

Answer:

It's substitution effect

Step-by-step explanation:

hope this helps:)

answered
User Vishal Khakhkhar
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