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I'd like to cancel this standing order http://xtubex.in.net/ x-tube The link elaborates a bit in layman’s terms, but people with some econ background should have an easier time conceptualizing the problem. Welfare economics acknowledges that what you pay for a product is instrumental in your enjoyment of that product. Consumer surplus isn’t some empty abstraction, but a measure of the value perceived by a purchaser. A product with no consumer surplus is a product a consumer doesn’t care whether they buy. |
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Dexter |
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2020-01-12 23:07:25 |
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