As coffee becomes more expensive, Joe starts drinking tea, and therefore quantity demanded for coffee decreases. This is called:
As coffee becomes more expensive, Joe starts drinking tea, and therefore quantity demanded for coffee decreases. This is called:
A.the change in equilibrium.
B.the income effect.
C.the substitution effect.
D.a shift in the demand curve.
正确答案:the substitution effect.
Tag:微观经济学 中国大学MOOC微观经济学
时间:2021-12-11 14:30:14
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