Question

manab poonji mein nibesh aarthik sambrdhhi mein kis prakar sahayak hota hai​

Answer 1

Answer:

The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative income and prices

Explanation:

The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative income and prices