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In the fundamental theorem of consumption and to prove the law of demand,Samualson uses

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Question:

In the fundamental theorem of consumption and to prove the law of demand,Samualson uses

A.

compensating variation in income

B.

the cost difference

C.

the over compensation effect

D.

substituting variation in price

Answer» c. the over compensation effect

Note: The above multiple-choice question is for all general and Competitive Exams in India.