CHAPTER Consumer Behavior OUTLINE 3.1 3.2 3.3 3.4 3.5 Consumer Preferences Budget Constraints Consumer Choice Revealed Preference Marginal Utility and Consumer Choice 3 Copyright…
1. Indifference Curves: An Example (pp. 65 - 79) Market BasketUnits of FoodUnits of ClothingA2030B1050D4020E3040G1020H1040©2005 Pearson Education, Inc.Chapter 31 2. Indifference…
PART II Chapter 3: Consumer Behavior PART II PRODUCERS, CONSUMERS, AND COMPETITIVE MARKETS CHAPTER 3 CONSUMER BEHAVIOR QUESTIONS FOR REVIEW 1. What are the four basic assumptions…