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Business, 14.02.2020 03:03 perezrhonda30
Suppose a person's utility is only a function of their consumption of diet soda and they do not care which brand. Diet Coke (DC) or Diet Pepsi (DP) they consume. Suppose further that P_DC < P_DP. If P_DC rises but it remains less than P_DP then the consumption of DC. a. Falls from a positive amount to zerob. Falls from a positive amount to another positive amount. c. rises. d. stays at zero.
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Suppose a person's utility is only a function of their consumption of diet soda and they do not care...
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