Income effect/Definition: Difference between revisions
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imported>Nick Gardner (New page: The tendency of the demand for a product to change in response to a change in its price because the price change has the effect of changing the consumer's income.) |
imported>John Dvorak m (Template:Def Income effect moved to Income effect/Definition: Moving_definition) |
(No difference)
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Revision as of 16:54, 22 May 2008
The tendency of the demand for a product to change in response to a change in its price because the price change has the effect of changing the consumer's income.