Changes in Relative Prices Create Substitution Effects

question 258

True/False

Changes in relative prices create substitution effects.

---

Definitions:

Date Stamp

A feature that records and displays the date (and sometimes time) when a document or item was created, modified, or accessed, providing a temporal context.

Comparison Operator

A symbol or function in programming and mathematics that evaluates the relationship between two values, indicating if one is greater than, less than, equal to, etc.

Absolute Reference

In spreadsheet applications, a cell reference that remains constant, even if the formula containing it is moved or copied to a different cell.

Error Message

An error message is a notification displayed by a computer or application indicating that an operation has failed or an error has occurred.