Chemistry, asked by hshdhh, 9 months ago

When the price of an inferior good falls the substitution effect?​

Answers

Answered by Anonymous
3

Explanation:

When a good is an inferior good, the quantity of the good consumed will increase (decrease) as income decreases (increases). Because the quantity of the good consumed increases when income falls without a change in the relative price of the good, the demand curve for the good shifts rightward as income decreases. 1.

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