Business, 14.12.2021 23:10 jahmarteharrell
Match the scenarios with the economic concepts they illustrate. Positive externality substitution effect negative externality income effect The rising price of gold causes people to buy silver jewelry instead. ArrowBoth When the price of chicken increases, families reduce their chicken intake substantially. ArrowBoth A new factory in a village provides livelihoods for the villagers. ArrowBoth A new factory in a village causes noise pollution. ArrowBoth.
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Match the scenarios with the economic concepts they illustrate. Positive externality substitution ef...
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