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Focus on marginal utility, price elasticity of demand, and understanding the difference between price elasticity of demand and income elasticity of demand.
In this assignment, you will focus on marginal utility, price elasticity of demand, and understanding the difference between price elasticity of demand and income elasticity of demand. We all subconsciously assign “scores” to what we are considering purchasing, based on our expected level of satisfaction (marginal utility) with that purchase. When making simultaneous pairs of…
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In the google doc, you can find the prompt and lecture link. Write the paper to refer to the readings and lectures.
https://drive.google.com/drive/folders/17muQAkpHt9TuGLzQYBaB0_NyjjC9xRTC In the google doc, you can find the prompt and lecture link. Write the paper to refer to the readings and lectures. The paper has to be Chicago-Auther Style.