With only two goods, if the income effect is in the opposite direction as the substitution effect but the substitution effect dominates, then

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31-01-2022
Business

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With only two goods, if the income effect is in the opposite direction as the substitution effect but the substitution effect dominates, then

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millealy001 millealy001 · Answer 1 · 2022-01-31T16:37:19+01:00

millealy001 millealy001

31-01-2022

Answer: with only 2 goods,if the income effect is in the opposite as the substitution effect dominates then the good is... ...A good that is in greater demand as its price increases.

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