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Theory of Consumer Choice and Frontiers of Microeconomics

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Theory of Consumer Choice and Frontiers of Microeconomics

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

Write a 1,050-word analysis that includes the following:

  • 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

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Details

  • Title: Theory of Consumer Choice and Frontiers of Microeconomics
  • Price: £ 99
  • Post Date: 2018-11-06T10:45:25+00:00
  • Category: Assignment
  • No Plagiarism Guarantee
  • 100% Custom Written

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