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  3. Study Set
    Understanding Modern Economics
  4. Exam
    Exam 4: Consumer Decision Making and Consumer Reaction to Price Changes  
  5. Question
    A Rational Consumer Will
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A Rational Consumer Will

Question 20

Question 20

Multiple Choice

A rational consumer will


A) consider the price of a good as part of his purchase decision.
B) buy all those goods which provide a positive level of utility.
C) spend all of his income on one good.
D) ignore opportunity costs.

Correct Answer:

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