Mr.Coiner is always willing to exchange two nickels for a dime, no matter how many nickels and dimes he has.This implies that nickels and dimes are ordinary goods for Mr.Coiner.True

Question

Quizplus · Accepted Answer

Ordinary goods are typically defined by their consumption increasing as income increases. The willingness to exchange two nickels for a dime suggests that Mr. Coiner views them as perfect substitutes, not ordinary goods.

MrCoiner Is Always Willing to Exchange Two Nickels for a Dime