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Question 5 (5 points)
The substitution effect is the portion of a change in quantity demanded that is due to
a change in the relative price of the good.
O
True
False

Answer :

nalleitenw

Answer: True.

Explanation: Substitution Effect is the change in consumption that results when a price change moves the consumer along a particular indifference curve to a point with a new marginal rate of substitution.

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