b, leisure and consumption. work and consumption. o d saving and consumption. QU

Question

b, leisure and consumption. work and consumption. o d saving and consumption. QUESTION 79 The theory of consumer choice describes the O a literal process by which people make decisions b.irrational decisions made by consumers on a daily basis o c implicit, psychological process by which people make explicit, economic decisions o d Both a) and b) are correct. QUESTION: 0 The goal of the consumer is to o a maximize utility b be on the highest indifference curve. c. maximize satisfaction d All of the above are the goals of the consumer Click Save and Submit to save and submit Click Saue Al An

Explanation / Answer

79. D, Both A&B are Correct.

80. D, All of the above are the goals of the consumers.

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