Answered

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Which choice below is one of the three assumptions of behavior within consumer choice theory? A. Utility B. Completeness C. Preference D. Indifference

Sagot :

Nyctalus

Answer:

Option A

Explanation:

In simple words, utility maximization is one of the assumptions under consumer price theory. As per this assumption, When buying, consumers are supposed to undertake measured choices, buying goods that get them the highest profit, commonly recognized as optimum economic usefulness. Thus, from the above we can conclude that the correct option is A.

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