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sgy_89 sgy_89
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6 years ago
Phyllis always buys the most expensive brand of any product. This behavior
A) is clearly inconsistent with the economists' model of human behavior.
B) would be consistent with the economists' model if Phyllis is rich and has unlimited time for shopping.
C) would be consistent with the economists' model if Phyllis's experience has convinced her that you always get what you pay for.
D) would be consistent with the economists' model if Phyllis has unlimited time for shopping.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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sgy_89 Author
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6 years ago
Thanks
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Yesterday
Helped a lot
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2 hours ago
this is exactly what I needed
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