Miss Natalia

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About Miss Natalia

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Elementary,High School,College,University

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Teaching Since: Apr 2017
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Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Business & Finance Posted 01 Jun 2017 My Price 5.00

Explain this statement using the concepts of income and substitution effects.

Answer in 150 words below

 

Economist George Stigler once wrote that, according to consumer theory, "if consumers do not buy less of a commodity when their incomes rise, they will surely buy less when the price of the commodity rises." Explain this statement using the concepts of income and substitution effects.

Answers

Miss Natalia
(14)
Status NEW Posted 01 Jun 2017 02:06 AM My Price 5.00

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