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Business, 28.11.2020 02:00 MGA20078

Barbara purchases only two goods, salads, and notepads. Both are normal goods for Barbara. Suppose the price of salad decreases. Barbara’s consumption of notepads will most likely:.a. be unchanged as the two goods are not substitutes. b. increase due to the substitution effect. c. decrease since she will spend more of her budget on saladsd. increase due to the income effect.

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Barbara purchases only two goods, salads, and notepads. Both are normal goods for Barbara. Suppose t...
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