According to Hicks substitution effect is May 10, 2021 – by admin Question: According to Hicks substitution effect is A. the movement to a higher indifference curve B. the movement to a lower indifference curve C. the movement along an indifference curve D. the movement to a decreased consumption Answer» c. the movement along an indifference curve Note: The above multiple-choice question is for all general and Competitive Exams in India.
