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What is meant by negative income …

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What is meant by negative income effect is greater than substitution effect???
  • 3 answers

Charu Gautam 6 years, 8 months ago

For more u should go through internet

Nav Dhillon 6 years, 8 months ago

I didnt understand yet

Charu Gautam 6 years, 8 months ago

If income effect is -ve ,means law of demand fail and law of only fails when YE is stronger than SE it will not fail in case YEis weaker than SE
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