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Date: 30/07/2017
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Project Details
Project Status: Completed
This work has been completed by: IvyleagueGirl
Total payment made for this project was: $30.00
Project Summary: Assignment Steps Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. *Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions. -Write a 1,050-word analysis including 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 are not rational in behavior economics. Format your paper consistent with APA guidelines.