Economy, asked by sivakumarska99, 2 months ago

what will be the income effect,in case of an inferior good?
a) partially offsets the substitution effect.
b)Is equal to the substitution effect .
c)Reinforces the substitution effect.
d)more than offeset the substitution effect.​

Answers

Answered by Anonymous
1

\huge\bf{Question}

what will be the income effect,in case of an inferior good?

\huge\mathfrak{Answer}

d)more than offeset the substitution effect

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