If loaves of bread went from 1 to 2 pounds in size and from $1 to $2

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If loaves of bread went from 1 to 2 pounds in size and from $1 to $2 in price, did the cost of buying bread rise or did people pay more for more bread? Is the analysis of other quality improvements essentially the same or essentially different than this example?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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