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Author Question: Consumers of most goods usually experience diminished satisfaction in each additional unit consumed. ... (Read 21 times)

ghost!

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on: Jun 30, 2018
Consumers of most goods usually experience diminished satisfaction in each additional unit consumed. However, when variety appears endless, this may not be the case. Consider manufactured goods between 1890 and 1910.
 
  Indicate whether the statement is true or false

Question 2

The Fisherian version of the quantity theory equation is
 
  a. MV = Py. b y = c + i + g.
 c. M = kPy.
  d. s = i + (g  t).


sarajane1989

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

A


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