Jul 7, 10 •
222 Views •
Demand, Supply, and Markets, Economic Thinkers •
Elaine Schwartz •
I suspect we take prices for granted. Please think for a moment about a $10 pair of shoes. As a consumer, that $10 price tag tells you that they are inexpensive and you won’t have to sacrifice very much to buy them. Correspondingly, seeing the same
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