Discuss how a bandwagon effect might speed up


1. Delores has a different price-consumption curve associated with each possible income level. If two of these curves intersect, are Delores' preferences rational?

2. Discuss how a bandwagon effect might speed up the rate at which DVD players are adopted by consumers. Do likewise for the case of cable television subscriptions. 

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Macroeconomics: Discuss how a bandwagon effect might speed up
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