Suppose a Consumer Can Purchase Only Two Goods,soap and Apples

question 109

Multiple Choice

Suppose a consumer can purchase only two goods,soap and apples.If the price of soap falls and the consumption of apples increases,we can conclude that the increased consumption of apples is due to

• A)neither the income effect nor the substitution effect.
• B)both the income effect and the substitution effect.
• C)the income effect only.
• D)the substitution effect only.
• E)the deflation effect.

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Definitions:

Artistic Message

The idea, theme, or emotion that the creator of an artwork intends to communicate to the viewer.

Symbolic Designs

Patterns or motifs used to convey specific meanings, often associated with cultural, religious, or social significance.

Çatal Höyük

A Neolithic and Chalcolithic archaeological site in south-central Turkey, one of the oldest and largest early urban settlements.

Mural Painting

Artistic works that are painted or applied directly on a large permanent surface, such as a wall or ceiling, often conveying public messages or scenes.