When he saw that the price of the car model he had planned to buy had increased dramatically, Tino decided to purchase another brand instead. Which economic principle does this demonstrate?
the substitution effect
the income effect
the demand curve
the market demand effect
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When he saw that the price of the car model he had planned to buy had increased dramatically, Tino decided to purchase another brand ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What movement would women work for social change during the progressive era? Question 1 options: educational reforms women's suffrage public health (sanitation) all of these
Answers (1)
How can the judicial system provide a check on the legislative branch
Answers (1)
Which form of government is associated with the reigns of Suleiman the Magnificent, Akbar the Great, and Peter the Great? (1) constitutional monarchy (2) direct democracy (3) theocracy (4) absolute monarchy
Answers (1)
Which of the following is an example of the impact trade had on the people of Southern and Eastern Africa? a.) Eastern Africans practiced the same religion as their ancestors. b.
Answers (2)
Why was the Committee on Public Information formed? A) to stop anti-war feelings B) to ensure equal rights on the home front C) to turn public support away from the Allies D) to inform the public about victories during World War I
Answers (1)
New Questions in History
Why did the dred scot v. sandford decision northerners angry
Answers (1)
What was John Glenn's major achievement? A. He was the first person to survive returning from space. B. He was the first American to orbit Earth. C. He was the first astronaut to photograph Earth from space. D. He was the first man in space.
Answers (1)
In what year did WW1 take place?
Answers (1)
What was Juan Ponce De Leon Motivation to explore
Answers (2)
What social and economic factors changed american life during the 1950s?
Answers (1)