=+A few weeks later, she finds the same shirt on sale for $25 and buys it. When

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=+A few weeks later, she finds the same shirt on sale for $25 and buys it. When a friend offers her $50 for the shirt, she refuses to sell it. Explain Jennifer’s behavior.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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