Rgerrie10 Rgerrie10
  • 19-02-2020
  • Biology
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Definition of substitution effect

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youngboy10103
youngboy10103 youngboy10103
  • 19-02-2020

Answer:

The substitution effect is the decrease in sales for a product that can be attributed to consumers switching to cheaper alternatives when its price rises, If beef prices rise, many consumers will eat more chicken.

Explanation:

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