1.2. In the 1960s, coffee came in 1-pound cans. Today, most coffee comes in 11-ounce cans. a....

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1.2. In the 1960s, coffee came in 1-pound cans. Today, most coffee comes in 11-ounce cans.

a. Can you think of an explanation why?

b. Can you think of other products besides coffee whose standard size has shrunk? (Often the standard size is supplemented by a “supersize” alternative.)

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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Question Posted: Oct 16, 2024 02:01 AM

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1.2. In the 1960s, coffee came in 1-pound cans. Today, most coffee comes in 11-ounce cans. a....

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Economics

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