What is it called when a consumers willingness to replace a


What is it called when a consumer's willingness to replace a costly item with the less costly item one known as?

Solution Preview :

Prepared by a verified Expert
Macroeconomics: What is it called when a consumers willingness to replace a
Reference No:- TGS01464755

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)