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Phyllis always buys the most expensive brand of any product. This behavior

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Phyllis always buys the most expensive brand of any product. This behavior

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

Edition: 8^th

Author: Rohlf

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sgy_89 Author

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6 years ago

this is exactly what I needed

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Just got PERFECT on my quiz

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