Question
The substitution effect for a commodity is
Solution
The substitution effect for a commodity is always negative as it is the effect due only to the relative price change, controlling for the change in real income.
More Research Questions
What will come in place of the question mark (?) in the following series?
77, 198, 342, 511, 707, ?
120, 136, 111, 147, ?, 162
79, 248, ?, 225, 125, 206
18, 30, 50, 102, 282, ?
324Â Â Â Â Â Â Â Â 972Â Â Â Â Â Â Â Â 486Â Â Â Â Â Â Â Â 1458Â Â Â Â Â Â 729Â Â Â Â Â Â Â Â ?
...18, 10, 12, 21, ?, 120
580 557 528 497 ? 419
59, 70, ?, 81, 37, 92
14, 86, 150, ?, 254, 294
What will come in place of the question mark (?) in the following series?
112, 123, 144, 169, 190, ?
