Do you think consumers make purchasing decisions based on general rules of thumb instead of price? a.

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Do you think consumers make purchasing decisions based on general rules of thumb instead of price?

a. Why would consumers do this?

b. What implication might this have for the conclusions drawn about markets? (Post-Keynesian)

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 07:01 AM

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Do you think consumers make purchasing decisions based on general rules of thumb instead of price? a.

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PostKeynesian a Consumers follow rules of thumb for a variety of reasons one being to save time Give...View the full answer

Macroeconomics

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