MAS291_-_Test2_-_SU_2023_-_No1_62.webp
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MAS291_-_Test2_-_SU_2023_-_No1_62.webp

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When the price of pizza falls, the substitution effect, for normal goods Pepsi and pizza, causes a
FUOVA. shift to a lower indifference curve so the consumer buys more Pepsi VERFLOW.COM
B. shift to a higher indifference curve so the consumer buys more Pepsi.
C. movement along the indifference curve so the consumer buys more Pepsi.
D. movement along the indifference curve so the consumer buys less Pepsi.
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