Unformatted text preview: Consumers, in their self interest, strive to maximize the amount of satisfaction possible from spending a given amount of money income. They want to get the “biggest bang for their buck.” Do you blame them? What do you do? I often here retailers or salespersons grumble about how people today just want something for nothing, this world has gone bonkers. Has it? Or are consumers just acting in their own self interest trying to get the lowest price possible for the commodities they consume?...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.
- Fall '10