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Social Studies, 15.01.2020 18:31 jaimeg13
When a consumer chooses to purchase one item over another because it is cheaper, this is known as the:
income effect. budget effect. economic effect. substitution effect.
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Social Studies, 23.06.2019 11:30
You are the on-duty desk sergeant at the local police station. a man walks in and says, "i killed someone and want to confess." you grab your digital voice recorder and direct the man to a chair. he sits down and tells the tale of what turns out to be a first-degree murder. you record every word, including the numerous instances in which you said, "uh- huh" and "i see." satisfied that the subject did, indeed, commit a murder, you place him under arrest. the confession is:
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When a consumer chooses to purchase one item over another because it is cheaper, this is known as th...
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