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8 UTILITY AND DEMAND © 2012 Pearson Addison-Wesley You want Ke$ha¶s album, Animal. Will you buy the CD album from Amazon for $11.88 or will you download it from the iTunes…

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Slide 1 Slide 2 Eco 101 Principles of Microeconomics Slide 3 100 200 400 300 400 Consumer Choice Production & Costs Market Structures Resource Markets 300 200 400 200…

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Consumer behavior The relevance For successful exchange outcome To understand the impact of micro environment on their decision making So as to influence those factors affecting…

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Chapter 5 ELEMENTS OF DEMAND AND CONSUMER CHOICE $pg Learning objectives * Understand how consumers can optimize Given that we have limited income, what is the best combination…