Recommendations on the TRANSPORT OF DANGEROUS …

•ForGiffen Goods – Remember, the Income effect is Negative – And the income effect is greater than the substitution effect Econ 370 - Ordinal Utility 11 Slutsky’s Effects for Normal Goods x2 x1 x2´ x1´ From Before… Substitution Effect Income Effect • Since Substitution Effect and Income Effect reinforce each other… • This is a ... ................
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