Suppose that the price of a good decreased. The substitution effect shows the change in consumption for all goods in reaction to a change in _ relative prices income preferences holding _ purchasing power utility constant.

The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
Individual's pleasure is usually measured by the consumption of that same goods and services.

Thus the above is the correct answer.

Suppose that the price of a good decreased. The substitution effect shows the change in consumption for all goods in reaction to a change in _____________ relative prices income preferences holding _____________ purchasing power utility constant.