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From course:

Economics A Level (DONEEEEEEE)

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Question:

What is Shoe-leather Costs? Why does it tie to Inflation?

Author: eric_galvao



Answer:

-These are the costs of the Extra Time and Effort done by Consumers to find the Best up to date Prices of the Goods and Services -Inflation makes it harder for Consumers to find the best Price as it can Increse in different % in different Firms


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