What is idea value depends on consumers preferences radical

Reference no: EM133466057

Questions:

1. Why is the idea that value depends on consumers' preferences radical?

2. Mechanics usually have better information about how to fix automobiles than their customers do. What problems does this advantage create? Can mechanics or their customers do something to limit these problems?

Reference

Economics for Healthcare managers, 4th edition. Robert H. Lee.

Reference no: EM133466057

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