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8) (Essay) Answer the following questions about Veblen (please provide detailed answers to put
into an essay): a) What is Veblen's view of consumer theory? b) Does Veblen agree with the idea
that consumers make rational decisions? c) What is an invidious distinction? Give an example. d)
What is pecuniary emulation? Give an example. e) What is the primary driver of consumption and
human behavior according to Veblen?

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