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In an article in The New Republic , Steven Waldman argued: Choice leads to inept consumption. The more choice available, the more information a consumer
In an article inThe New Republic, Steven Waldman argued: "Choice leads to inept consumption. The more choice available, the more information a consumer must have to make a sensible selection. When overload occurs, many simply abandon the posture of rational Super-Consumer." How does this relate to monopolistic competition and consumer welfare?(L.O. - Monopolistic Competition)
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