lectur5-page3 - obtain a commodity We usually think of...

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3 3 Common Knowledge in our Economic System: That all commodities have a price determined by a market (legal or illegal) u Usually price is thought of as the monetary sacrifice that must be made to
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Unformatted text preview: obtain a commodity We usually think of price as the monetary sacrifice that we must make to obtain a commodity, but is it the true cost of obtaining that commodity?...
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