The theory of consumer behavior is based on all the following assumption except that the

Economics

WAEC 1990

A. Consumer is assumed irrational
B. Consumer taste remains constant
C. Consumer has budget constraint
D. Consumer aims at maximizing his utility
E. Consumer is exposed to more than one commodity

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Correct Answer: Option A

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The theory of consumer behavior is based on all the following assumption except that the

Correct Answer: Option A

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