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Case-Based Critical Thinking Questions Case 3-2 Monica is working on a report for her art history class. She is using Microsoft Word for her report so that she can incorporate tables, text, and graphics into one document, but needs suggestions on fine-tuning her report. Monica used the Cover Page gallery to insert a cover page in her report but now she wants to delete it. To do so, she should click the Cover Page button in the Pages group, and then click ____.
Substitution Effect
refers to the change in consumption patterns due to a change in relative prices, leading consumers to substitute more expensive goods with cheaper alternatives.
Money Income
The total amount of monetary earnings or receipts accruing to an individual or household within a specified period.
Demand Change
Variations in the quantity of a product that consumers are willing and able to purchase at various price levels over a period.
First Class
Describes the highest quality or most expensive service, accommodation, or means of transportation available.
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