The government has been considering doing away with minting


The government has been considering doing away with minting pennies because they are rarely used for purchases (with most people collecting them or throwing them away). How would an economist best explain this consumer behavior?

Solution Preview :

Prepared by a verified Expert
Business Management: The government has been considering doing away with minting
Reference No:- TGS02452633

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)