If Ralph were given $10, he would spend none of it on tuna fish. But when asked,

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If Ralph were given $10, he would spend none of it on tuna fish. But when asked, he claims to be indifferent between receiving $10 worth of tuna fish and a $10 bill. How could this be?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:18 AM

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If Ralph were given $10, he would spend none of it on tuna fish. But when asked,

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Microeconomics and Behavior

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