Question: When the price of a good changes, which effect contributes to the change in the quantity demanded of that good? A. Income effect B. Elasticity

When the price of a good changes, which effect contributes to the change in the quantity demanded of that good?

A. Income effect

B. Elasticity effect

C. Substitution effect

D. Income and substitution effects

E. Income, elasticity, and substitution effects

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