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Homer likes doughnuts. His total (dollar) benefit of consuming six doughnuts is $4.50 .

Explain whether the following statement is true, false, or uncertain: "If the price of doughnuts is 70¢ a doughnut, Homer will purchase at least six doughnuts."

 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91725225

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