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Business, 02.08.2019 23:00 angellinelittle
Steve went to his favorite hamburger restaurant with $3, expecting to buy a $2 hamburger and a $1 soda. when he arrived he discovered that hamburgers were on sale for $1, so steve bought two hamburgers and a soda. steve's response to the decrease in the price of hamburgers is best explained by: a. the substitution effect. b. the income effect. c. the price effect. d. a rightward shift in the demand curve for hamburgers.
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Steve went to his favorite hamburger restaurant with $3, expecting to buy a $2 hamburger and a $1 so...
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