When the price of an inferior good falls the substitution effect?
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Explanation:
However, substitute goods can also be considered inferior goods. An inferior good is a product that has its demand increase when consumer income falls. For inferior goods, the substitution effect can in part be offset by the income effect with respect to other goods after a relative price change.
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hola mate
substitute goods can also be considered inferior goods.an inferior good is a product that has its demand increase when consumer income falls.for inferior goods the substitution effect can in part be offset by the income effect
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