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Home Q & A Board Other Fields Homework Help Business Economics
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Migo7s Migo7s
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4 years ago
The text lists 4 types of puzzling consumer behavior which have been identified by economists and psychologists. What are these 4 types of consumer behavior?
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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#1
4 years ago
1. Spending choices sometimes depend on the source of income.
2. The willingness to pay for a product sometimes is affected by irrelevant information.
3. Product choices are sometimes influenced by irrelevant information.
4. Decisions are sometimes based on percentage differences rather than absolute differences.
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