1. Theory of Consumer behavior How Consumers Make Choices under Income Constraints 2. Some Questions • What is behind a consumer’s demand curve? • How do consumers…
1. The Consumer Theory How Consumers Make Choices under Income Constraints 2. Some Questions • What is behind a consumer’s demand curve? • How do consumers choose from…
Slide 1 Slide 2 Demand Analysis Slide 3 Some Questions What is behind a consumer’s demand curve? How do consumers choose from among various consumer “goods”? What determines…
Slide 1 The Consumer Theory How Consumers Make Choices under Income Constraints Slide 2 Some Questions What is behind a consumer’s demand curve? How do consumers choose…