Theory of Consumer Choice

Anonymous
timer Asked: Nov 16th, 2016

Question description

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 and must be specifically relevant to your organization: Prepare a PowerPoint presentation that summarizes the materal within the essay.  The esay is worth 10 points and the PP presentation is worth 5 points.  

  • 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 which is also required. 

I just need a few tips on how to relate this assignment to a consumer finance company in the U.S.

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