Chapter Four Consumer Choice. © 2009 Pearson Addison-Wesley. All rights reserved. 4-2 Chapter Outline 1.Preferences. 2.Utility. 3.Budget Constraint. 4.Constrained.
Chapter 3 A Consumer’s Constrained Choice If this is coffee, please bring me some tea; but if this is tea, please bring me some coffee. Abraham Lincoln.
Chapter 4 Consumer Choice. Copyright © 2012 Pearson Education. All rights reserved. 4 - 2 Topics 1.Preferences. 2.Utility. 3.Budget Constraint. 4.Constrained.
Chapter 3 CONSUMER CHOICE. Chapter Outline 4-2 1. Preferences. 2. Utility. 3. Budget Constraint. 4. Constrained Consumer Choice. 5. Behavioral Economics.
Lecture 3
Copyright © 2011 Pearson Addison-Wesley. All rights reserved. Chapter 3 A Consumer’s Constrained Choice If this is coffee, please bring me some tea; but.