
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695 Exercise 7
"According to the law of demand, the lower the price of meals, the more meals I'll eat. But I always eat three meals a day. Obviously the law of demand doesn't apply to me." Has this person found an exception to the law of demand?
Explanation
The law of demand states that if everyth...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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