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29 October, 23:40

Because the cost of a taxi ride increased, Martina decided to start packing a lunch instead of ordering out from a nearby restaurant. Which economic principle does this demonstrate?

the income effect

the deman curve

the demand schedule effect

the substitution effect

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Answers (1)
  1. 30 October, 00:30
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    I believe it's the income effect but i am not 100% sure
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