Tuesday, 3 January 2017

The impact the theory of consumer choice has on: Demand curves

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


Cite a minimum of 3 peer-reviewed sources not including your textbook.

Format consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment



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