Income effect/Definition

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Revision as of 08:46, 25 April 2008 by imported>Nick Gardner (New page: The tendency of the demand for a product to change in response to a change in its price because the price change has the effect of changing the consumer's income.)
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The tendency of the demand for a product to change in response to a change in its price because the price change has the effect of changing the consumer's income.

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