5. Will people really use less electricity in their homes if the cost to them increases? How...

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5. Will people really use less electricity in their homes if the cost to them increases?

How wiJl they do this? Isn't electricity a modem necessity? What evidence do we have to indicate how people respond?

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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