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Khan Academy

Khan Academy

Substitution and income effects and the Law of Demand

Khan Academy · Nov 13, 2026 · 5:32

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Keep going! Check out the next lesson and practice what you’re learning:https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/unit-2-supply-and-demnd/micro-demand/e/markets--property-rights--and-the-law-of-demandUploaded 14-11-18How the substitution effect, income effect and decreasing marginal utility drive a downward sloping demand curve.
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