Economists' economic-buyer theory assumes that __________. - 11303

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Economists' economic-buyer theory assumes that __________.

A.   consumers only want the cheapest price

B.   buyers logically compare choices in order to maximize their satisfaction

C.   demographic data are very useful for predicting consumer behavior

D.   consumers should purchase only low-priced products

E.   consumers always make rational decisions 

Solution Description

Economists' economic-buyer theory assumes that __________.

A.   consumers only want the cheapest price