Multiple Choice
Which of the following is NOT an example of consumer behavior consistent with the standard assumptions of microeconomic theory?
A) A concern for fairness can influence purchasing patterns.
B) When demand increases, all else being equal, consumers expect price to rise.
C) After a snowstorm, the demand for snow shovels increases.
D) Snow shovels and snow plows are substitute goods.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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