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April 18, 2014

Homework Help: economics

Posted by Gene on Saturday, November 12, 2011 at 11:00pm.

The average 15- year- old purchases 12 CDs and 15 cheese pizzas in a typical year. If cheese pizzas are inferior goods, would the average 15- year- old be indifferent between receiving a $ 30 gift certificate at a local music store and $ 30 in cash? Explain.

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