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  1. wotcha's Avatar
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    • Join Date: Jun 2010
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    #1

    'that' and 'have on'?

    The substitution effect is the effect that a change on relative prices of substitute goods has on the quantity demanded.


    1. Is 'that' a 'conjunction' or a 'relative pronoun'?

    2. What does 'has on' mean in this sentence?

    • Member Info
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    • Join Date: Apr 2007
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    #2

    Re: 'that' and 'have on'?

    [QUOTE=wotcha;632396]The substitution effect is the effect that a change on relative prices of substitute goods has on the quantity demanded.


    1. Is 'that' a 'conjunction' or a 'relative pronoun'? relative pronoun

    2. What does 'has on' mean in this sentence?

    'the effect that A has on B' expresses how A affects B.
    I don't know what effect the teacher's shouting has on his students.
    QUOTE]

    2006

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