Microeconomics
Microeconomics
11th Edition
ISBN: 9781260507140
Author: David C. Colander
Publisher: McGraw Hill Education
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Chapter 1, Problem 6IP

(a)

To determine

Explain the cost of gallon of milk in each store.

(b)

To determine

Explain why anyone buys milk in the store with a higher price.

(c)

To determine

Explain the same exercise with shirts or dresses in Walmart and Saks.

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