Explain impact theory of consumer choice has on demand curve

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Reference no: EM131882153

Assignment

Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.

Develop a 15- to 20-slide Microsoft PowerPoint presentation and PRESENT THIS TO THE CLASS in a minimum 10 minute presentation.

Include the following:

• The impact the theory of consumer choice has on:

o Demand curves
o Higher wages
o Higher interest rates

• The role asymmetric information has in many economic transactions.

• The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.

• People are not rational in behavior economics.

Cite a minimum of three peer-reviewed sources not including your textbook.

Include detailed speake notes for each slide, except for the introducotn and references slides.

Reference no: EM131882153

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