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Theory Of Consumer Choice

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

The impact the theory of consumer choice has on:

Demand curves

Higher wages

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 not being rational in behavior economics

Reference no: EM132769040

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