Write a description of the decision process

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Reference no: EM133596463

Problem: Recall your purchasing decisions for your most consumed goods and services by reading the articles provided. Choose a consumption good i.e. your favorite restaurant, gym membership, hobby purchases, etc. Using economic terms including: marginal utility, diminishing marginal utility, opportunity cost, substitute goods, complementary goods, normal goods, budget line, income elasticity, cross elasticity- help me writing 400 to 500 words description of the decision process and the factors you take into account for your purchase decision.

Reference no: EM133596463

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