AtomicQuote

Steven D. Levitt Quote

To Chen’s surprise, Felix and the others responded rationally. When the price of a given food rose, the monkeys bought less of it, and when the price fell, they bought more. The most basic law of economics—that the demand curve slopes downward—held for monkeys as well as humans.

Steven D. Levitt

To Chen’s surprise, Felix and the others responded rationally. When the price of a given food rose, the monkeys bought less of it, and when the price fell, they bought more. The most basic law of economics—that the demand curve slopes downward—held for monkeys as well as humans.

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