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Consumption Takes Time : Implications for Economic Theory - Ian Steedman

Consumption Takes Time

Implications for Economic Theory

By: Ian Steedman

Paperback | 1 August 2006 | Edition Number 1

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Standard economic theory of consumer behaviour considers consumers'' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the centre stage in this book.
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