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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 14: Transaction Costs, Imperfect Information, and Behavioral Economics
  5. Question
    Exhibit 14-2 in Exhibit 14-2, the Optimal Level of Search
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Exhibit 14-2 in Exhibit 14-2, the Optimal Level of Search

Question 27

Question 27

Multiple Choice

Exhibit 14-2 Exhibit 14-2   In Exhibit 14-2, the optimal level of search is A) I<sub>1</sub> B) I<sub>2</sub> C) I<sub>3</sub> D) 0 E) not shown In Exhibit 14-2, the optimal level of search is


A) I1
B) I2
C) I3
D) 0
E) not shown

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