Changing Commodity Prices

Number of Pages 3

This 3 page paper looks at the purchase of a commodity by a consumer where prices are not fixed. The example chosen is a restaurant where prices increase in the evening,. The paper shows how and why the prices are different and the influences that may impact on the consumer decision. The paper finished with a graph to show the way that the decision may e made in terms of quantities of lunches and dinners for a single budget. The bibliography cites 1 source.


File: TS14_TEcommdpr.rtf


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