JazmD26751 JazmD26751
  • 26-03-2024
  • Business
contestada

Suppose that in 2008 the price of chicken relative to fish goes up. As a result, households start to move away from purchasing chicken and move toward purchasing more fish. This is an example of ________________?
1) Substitution effect
2) Income effect
3) Price effect
4) Demand effect

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