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The Average 15 year old purchases

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18 The Average 15 year old purchases 12 CD?s and 15 cheese pizzas in a typical year. If cheese pizza are inferior goods, would the average 15 year old be indifferent between receiving a $30 gift certificate at a local music store and $30 in cash? Explain.

 

Paper#26476 | Written in 18-Jul-2015

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