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Lecture Microeconomics: Theory and applications (12/e): Chapter 4 - Browning, Zupan
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Chapter 4 - Individual and market demand. In this chapter students will be able to: Understand how price changes affect consumption choices, differentiate between the income and substitution effects associated with a price change on the consumption of a particular good, explain the relation between income and substitution effects in the case of inferior goods. | Lecture Microeconomics: Theory and applications (12/e): Chapter 4 - Browning, Zupan