For what type of good do the substitution and income effects work in opposite directions?
A) Normal goods
B) Inferior goods
C) Giffen goods
D) The substitution and income effects never work in opposite directions.

Question

Quizplus · Accepted Answer

The Answer of For what type of good do the substitution and income effects work in opposite directions?
A) Normal goods
B) Inferior goods
C) Giffen goods
D) The substitution and income effects never work in opposite directions.

For What Type of Good Do the Substitution and Income