Design a site like this with
Get started

The Substitution Effect

Posted on 19/09/2021 by Trivia-The Spice of Life Readers who have a knowledge of economics will be extremely disappointed when they read this post. Substitution effect in economics is defined as the effect on demand of a price change caused by a switch to, or away from, a cheaper or more expensive alternative. However, IContinue reading “The Substitution Effect”