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Business, 03.10.2021 03:30 shadowsnake

A shopper sees two brands of spaghetti sauce. One is store brand, and the other is a well-known national brand. Even though the two sauces taste extremely similar, the shopper believes the national brand is more valuable. Based on money’s function as a measure of value, which brand would the shopper be willing to pay more for? Why?

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A shopper sees two brands of spaghetti sauce. One is store brand, and the other is a well-known nati...

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