Dollar Voting

Dollar Voting

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In economics, dollar voting is an analogy used to explain how the purchasing choices of consumers affect which products will continue to be produced and supplied to the market. Every dollar paid for a particular product may be considered a "dollar vote" for that product, such that the products with the largest number of dollar votes generate the most profit and will therefore continue to be produced. A boycott would be a vote against a product.The reference to "dollar" is just an example; the principle holds for any currency. The expressions "vote with your wallet" and "vote with your dollar" refer to dollar voting.show more

Product details

  • Paperback | 88 pages
  • 152 x 229 x 5mm | 141g
  • Onym Press
  • United States
  • English
  • black & white illustrations
  • 6136200589
  • 9786136200583