When the price of an item increases, buyers tend to purchase less of that item:


When the price of an item increases, buyers tend to purchase less of that item:

A.only if the substitution effect and the income effect do not cancel out each other.

B.solely because of the substitution effect.

C.solely because of the income effect.

D.because of both the substitution and the income effects.

正确答案:because of both the substitution and the income effects.


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:30:18