The relationship between price effect, income effect and substitution effect is:

A. P.E = S.E + I.E

B. S.E = P.E +I.E

C. I.E = P.E +S.E

D. S.E = P.E +2I.E

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. In the immediate run:
  2. We get constant returns to scale when:
  3. Under price discrimination, the buyers must:
  4. Who is the author of Choice of Technique?
  5. The partial equilibrium model keeps other things:
  6. The General Theory of Employment, Interest and Money is the major work of :
  7. In case of perfect competition, TR curve rises at a:
  8. Economic laws are:
  9. An economic theory is :
  10. The game theory concentrates on:
  11. Cardinal approach includes arranging:
  12. The market demand shedule is determined by:
  13. As the price of diamond is higher, so it has:
  14. According to current thinking, the law of diminishing returns applies to:
  15. A shift in the demand for a product is likely to result from a change in:
  16. If, at the prevailing price, more of a good is desired than is available for sale:
  17. To attain maximum profits during short-run a firm should produce the output that will:
  18. If the supply and demand increases equally, the price will:
  19. In non-constant sum game (non-zero sum game), if there are two parties then:
  20. Abstinence or Waiting theory of Interest was presented by:
  21. Two policy variables, product and selling activities in the theory of firm was introduced by:
  22. Iso-product curve (isoquant) shows:
  23. According to Chamberline, in monopolistic competition, differentiation is determined by:
  24. Income-elasticity of demand is expressed as:
  25. On the total utility curve the economically relevant range is the portion over which:
  26. If the price of a product falls which of the following would occur?
  27. When the consumer is in equilibrium not only his income is fully spent, but the ratio of marginal utility…
  28. In Edgeworth model, prices oscillate between:
  29. Engel curves shows that:
  30. Under perfect competition, a firm will be in equilibrium if: