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This Graph Below Shows a Consumer Facing a Choice Between

Question 12

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This graph below shows a consumer facing a choice between a cash gift or merchandise of greater value.
This graph below shows a consumer facing a choice between a cash gift or merchandise of greater value. Show, using a sketch graph, why a consumer prefers a cash gift rather than a larger gift of merchandise. Show, using a sketch graph, why a consumer prefers a cash gift rather than a larger gift of merchandise.

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