Business, 06.05.2020 04:02 jphelps19992019
Lucinda prefers chrysanthemums to gardenias. Chrysanthemums are priced lower than gardenias. Lucinda chooses not to buy the chrysanthemums. Which of the following reasons for Lucinda’s choice is consistent with rational consumer choice?
A) Lucinda does not know the relative price of the flowers. B) Lucinda does not know what is in her own best interest. C) Lucinda would rather spend her income on other goods. D) Lucinda is not sure of her preferences.
Answers: 1
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Lucinda prefers chrysanthemums to gardenias. Chrysanthemums are priced lower than gardenias. Lucinda...
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