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When the price of a good changes
(decreases), it becomes less expensive which allows consumers to
increase their satisfaction (purchase) for that good. Just the opposite
happens when the price of a good changes increases. When the price of a
good changes (increases), it become more expensive which changes the
consumer satisfaction for that good causing the consumer to seek a
substitution. This concept is the substitution effect of the price
change. In this discussion forum, identify a consumer product that has
decreased in price and discuss the increase in consumer demand for this
product. What have consumer substituted because of this decrease in
price.