Flashcard sets with a 'substitution effect' term meaning 'consumer reaction to an increase in price by consuming less of that good and more of other goods'

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1-1 of 1Flashcard sets with a 'substitution effect' term meaning 'consumer reaction to an increase in price by consuming less of that good and more of other goods'
# Title Terms Date
1Economics Final Study Guide (Part 1)by tablturnr41 termsJune 7, 2009
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