Question: If a price decrease causes the quantity demanded to drop, then a. the substitution effect dominates the income effect. b. the substitution effect equals the

If a price decrease causes the quantity demanded to drop, then

a. the substitution effect dominates the income effect.

b. the substitution effect equals the income effect.

c. the substitution effect does not exist.

d. the income effect dominates the substitution effect.

e. none of the above.

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