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

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

Download Offline App Ask a Question

Explanation

Correct Option
a

No explanation available

Video Explanation

No video available

Post your Contribution

Share:

Discussions (2)

klickinstitute
3 years ago

D is the correct answer. A consumer is always rational.

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments