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Value takes into account both benefits and price. If price is lowered but benefits stay at the same levels, then Multiple Choice value remains the
Value takes into account both benefits and price. If price is lowered but benefits stay at the same levels, then Multiple Choice value remains the same. value will increase. value will decrease. price will eventually go up again. price will likely decline further
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
