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Give an example of substitute pair

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Reference no: EM132790041

In microeconomics

  1. Give an example of substitute pair and an example of complement pair that you have encountered and how a change in prices affected your spending in each case.
  2. Give an example of inferior good and an example of normal good that you have encountered and how has changed in income affected your spending in each case.

Reference no: EM132790041

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