Flashcard sets with a 'substitution effect' term meaning 'a consumer will substitute a cheaper product for a more expensive one'

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See other definitions of term:substitution effect

1-1 of 1Flashcard sets with a 'substitution effect' term meaning 'a consumer will substitute a cheaper product for a more expensive one'
# Title Terms Date
1AP Macroeconomicsby SupaStudy84 termsSeptember 7, 2009
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