Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

Exercise 21

HERE IS $500-GO SPEND IT AT WAL-MART Assume that you and several classmates each receives a $500 credit voucher (good for today only) from Wal-Mart Online. Go to www.wal-mart.com and select $500 worth of merchandise. Use Add to Cart to keep a running total and use Review Cart to print your final selection. Compare your list with your classmates' lists. What explains the differences Would you have purchased your items if you had received $500 in cash to be spent whenever and wherever you pleased