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Title: Which of the following is not a basic assumption underlying the theory of consumer behavior?
Post by: hiusy98 on Jan 23, 2017
Which of the following is not a basic assumption underlying the theory of consumer behavior?
A) Consumers prefer more to less.
B) Consumer preferences depend on the amounts of goods they consume as well as the amounts being consumed by other consumers.
C) Goods are continuously divisible, that is, consumers can always purchase one more or one less unit of a good.
D) Consumers have well-behaved preferences, that is, preference orderings are complete.


Title: Re: Which of the following is not a basic assumption underlying the theory of consumer behavior?
Post by: sofresh on Jan 23, 2017
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Title: Re: Which of the following is not a basic assumption underlying the theory of consumer behavior?
Post by: hiusy98 on Mar 27, 2017
I owe you my life lol