For goods on which a relatively small portion of income is expended, _____
a. income effects will be small relative to substitution effects
b. income effects will be large relative to substitution effects
c. income effects will be about the same as substitution effects
d. there will be no income effects.
a
Economics
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a. True b. False Indicate whether the statement is true or false
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Approximately what percentage of the world's extinct species became extinct before humans appeared on earth?
A) 2 percent B) 10 percent C) 67 percent D) more than 99 percent
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