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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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  3. Under price discrimination, the buyers must:
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  9. An economic theory is :
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  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:
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  21. Two policy variables, product and selling activities in the theory of firm was introduced by:
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  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: