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.

Question

Quizplus · Accepted Answer

Nickels and dimes being exchanged at a fixed rate by Mr. Coiner does not necessarily relate to the concept of ordinary goods, which concerns how demand changes with income. This scenario is more about the fixed exchange value between two currencies rather than their utility or demand characteristics as ordinary goods.

MrCoiner Is Always Willing to Exchange Two Nickels for a Dime,no