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    Microeconomics Theory with Applications
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    Exam 2: A Theory of Preferences
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    When Asked If He Wants Another Beer, Kevin Says "No
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When Asked If He Wants Another Beer, Kevin Says "No

Question 88

Question 88

Essay

When asked if he wants another beer, Kevin says "no thanks". Is this a violation of the non- satiation assumption?

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No, it is possible for an individual to ...

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