The Substitution Effect Is

question 14

Multiple Choice

The substitution effect is

• A)always greater than the income effect.
• B)always less than the income effect.
• C)never greater than the income effect.
• D)sometimes less than the income effect.

---

Definitions:

Impact Printer

A type of printer that uses mechanical impact to transfer ink onto paper, such as dot matrix printers.

Toner

A powder used in laser printers and photocopiers to form the printed text and images on the paper.

Alignment

The process of arranging data or objects in a straight line or in correct relative positions to ensure efficiency and correctness in digital systems.

Calibration

The process of adjusting the accuracy of a device or instrument by comparing its outputs with a known standard.