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ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics (2 Papers) Latest

ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics (2 Papers) Latest
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  • ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics.docx

ECO 365 Week 5 Theory of Consumer Choice and Frontiers of Microeconomics (2 Papers) NEW

You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.
Write a 1,050-word analysis that includes the following:
§  The impact the theory of consumer choice has on:
§  Demand curves
§  Higher wages
§  Higher interest rates
§  The role asymmetric information has in many economic transactions
§  The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy
§  People not being rational in behavior economics
Cite a minimum of 3 peer-reviewed sources not including your textbook.
Format consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.

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