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Business, 03.08.2021 16:30 nick974

Your indifference curves for good X (horizontal axis) and good Y (vertical axis) are vertical lines because you do not gain any satisfaction from consumption of Y. As the price of X declines, the change in consumption of X is entirely composed of the: Group of answer choices income effect. Giffen effect. independent good effect. substitution effect.

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Your indifference curves for good X (horizontal axis) and good Y (vertical axis) are vertical lines...

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