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The Table Below Shows the Total Utility Associated with Various

question 8

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The table below shows the total utility associated with various units of goods X and Y.Table 7.5
The table below shows the total utility associated with various units of goods X and Y.Table 7.5    -The _____ effect indicates that an individual's income can buy more of all goods when the price of one good declines, everything else held constant. A) scale B) endowment C) substitution D) price E) income
-The _____ effect indicates that an individual's income can buy more of all goods when the price of one good declines, everything else held constant.


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