1-Which is a dimension or assumption of the marginal-utility theory of consumer behavior?
a-The consumer has a budget constraint.
b-The consumer operates in irrational ways
c-The consumer experiences increasing marginal utility
d-The consumer obtains goods and services at a discount
1
Expert's answer
2012-10-24T11:01:51-0400
a-The consumer has a budget constraint.
Each consumer is limited in the budget. Exactly thinking about how much money he has, is an explanation of his behavior . Also the consumer in the behavior relies on experience and rationality.
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