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Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088 Exercise 6
Go to two stores: a supermarket arid a convenience store.
a.Write down the cost of a gallon of milk in each.
b.The prices are most likely different. Using the technology used in this chapter, explain why that is the case and why anyone would buymilk in the store with the higher price.
c.Do the same exercise with shirtsor dresses in Wal-Mart (or its equivalent) and Saks (or its equivalent).
a.Write down the cost of a gallon of milk in each.
b.The prices are most likely different. Using the technology used in this chapter, explain why that is the case and why anyone would buymilk in the store with the higher price.
c.Do the same exercise with shirtsor dresses in Wal-Mart (or its equivalent) and Saks (or its equivalent).
Explanation
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Macroeconomics 8th Edition by David Colander
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