Some modern theories of consumers behavior have: A.emphasized that consumption i

Question

Some modern theories of consumers behavior have: A.emphasized that consumption is basically an instantaneousact. B.contended that in the MUx/Px = MUy/Py equation MU isunderstand foe time-intensive goods. C.introduced the opportunity cost of time as a component ofproduct price. D.argued that inflationary expectations negate the theory ofconsumer behavior. Some modern theories of consumers behavior have: A.emphasized that consumption is basically an instantaneousact. B.contended that in the MUx/Px = MUy/Py equation MU isunderstand foe time-intensive goods. C.introduced the opportunity cost of time as a component ofproduct price. D.argued that inflationary expectations negate the theory ofconsumer behavior.

Explanation / Answer

Try C introduced the opportunity cost of tme as a component ofproduct price. It cannot be A, B, or D Please rate all your answers. It means thankyou.

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