The total effect of a price change of a commodity is Options: A . &nbspSustitution effect plus price effect B . &nbspSubstitution effect plus income effect C . &nbspSubstitution effect plus demonstration effect D . &nbspSubstitution effect minus income effect

The total effect of a price change of a commodity is

Question

The total effect of a price change of a commodity is

Options:

A . Sustitution effect plus price effect

B . Substitution effect plus income effect

C . Substitution effect plus demonstration effect

D . Substitution effect minus income effect

Answer: Option B

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