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Q. |
Which of the following statements is true |
A. | hicksian substitution effect is greater than slutsky substitution effect |
B. | slutsky substitution effect is greater than hicksian substitution effect |
C. | hicksian substitution effect is same and equal to slutsky substitution effect |
D. | hicksian substitution effect is the reverse of slutsky substitution effect |
Answer» B. slutsky substitution effect is greater than hicksian substitution effect |
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