We’re bringing again value idea with our collection on Value Principle issues with Professor Bryan Cutsinger. You possibly can see all of Cutsinger’s issues and options by subscribing to his EconLog RSS feed.

Share your proposed options within the Feedback. Professor Cutsinger can be current within the feedback for the following couple of weeks, and we’ll publish his proposed answer shortly thereafter. Might the graphs be ever in your favor, and lengthy stay value idea!

 

Query: Russ buys 5 sirloins per week. True or false: If the value of sirloin rises by $5 {dollars} apiece, and if Russ’ preferences and earnings stay fixed, he can have $25 every week much less to spend on different issues.



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