Flashcard sets with a 'substitution effect' term meaning 'this refers to how people may buy a lower-priced product rather than a more expensiv product. this effect may change the demand for a good or service.'

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1-1 of 1Flashcard sets with a 'substitution effect' term meaning 'this refers to how people may buy a lower-priced product rather than a more expensiv product. this effect may change the demand for a good or service.'
# Title Terms Date
13. Family Economicsby EmeryAdultEd23 termsJuly 22, 2009
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