fer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease? a. The movement from point T to point R b. The movement from point T to point 5 c. The movement from point R to point S d. The movement from point R to point T

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Figure 21-12
Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease?
a. The movement from point T to point R
b. The movement from point T to point 5
Oc. The movement from point R to point S
Od. The movement from point R to point T
Transcribed Image Text:Figure 21-12 Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease? a. The movement from point T to point R b. The movement from point T to point 5 Oc. The movement from point R to point S Od. The movement from point R to point T
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