Flashcard sets with a 'substitution effect' term meaning 'if two goods satisfy the same need, and one good goes up in price, more consumers will buy the other good'

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1-1 of 1Flashcard sets with a 'substitution effect' term meaning 'if two goods satisfy the same need, and one good goes up in price, more consumers will buy the other good'
# Title Terms Date
1Chapter 7 Demand and Supplyby mitchskau36 termsOctober 21, 2009
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