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What is the income effect and substitution effect?
I know the substitution effect. Here is an example. Let's say you are a pizza shop owner, and the price of Italian Cheddar cheese goes up. You would have to substitute the Italian cheddar cheese to...
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What are psychological effects of psychological effects?
Please specify. Psychological effects are any effect that an ingested substance has on your cognition. If it makes you think differently, see differently, hear differently, etc, that's a...
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What effect does the Doppler effect have on light waves?
When the source of light is moving towards you, the light shifts towards the blue end of the spectrum due to the compressing of the light waves. This is called a blueshift. A redshift is when the...
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What effects does drugs have on a gender and what are the effects?
you can have all sorts of effects like paranoia, blood pressure, aggression, high body temperature, cravings(addiction) loss of sence giggling fits, panic attacks, suicide, and anxiety
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What is Bandwagon Effect and Snob Effect. How do they effect the Demand for goods?
A psychological phenomenon whereby people do something primarily because other people are doing it, regardless of their own beliefs, which they may ignore or override. The bandwagon effect has wide...