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djsmyers djsmyers
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6 years ago
A study of the benefits of television asked consumers two questions: (1) How much would you pay to watch TV (versus no TV watching), and (2) How much would you have to be paid to voluntarily stop watching TV. Show how these are found with two separate graphs of indifference curves and budget constraints. Are these values likely to be equal? Discuss briefly.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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unExpectedunExpected
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6 years ago
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djsmyers Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
smdavis
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Yesterday
Thanks
AlahuKakpar
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2 hours ago
Good timing, thanks!
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