Assume Samantha likes hot dogs and hamburgers equally, and the price o – McqOptions

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1.	Assume Samantha likes hot dogs and hamburgers equally, and the price of hamburgers (a normal good) declines. She will most likely purchase more hamburgers; this is
A.	a reflection of the income effect
B.	a reflection the substitution effect
C.	a reflection of the income and substitution effects
D.	None of above
Answer» C. a reflection of the income and substitution effects

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