What does it mean when substitution effect equal zero

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What does it mean when substitution effect equal zero? explain with graph and example

what does it mean when income effect equal zero? explain with graph and example

 

 

Reference no: EM13870257

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What does it mean when substitution effect equal zero : What does it mean when substitution effect equal zero? explain with graph and example what does it mean when income effect equal zero? explain with graph and example
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