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Author Question: Heuristics economize on the mental capabilities of people. Indicate whether the statement is true ... (Read 83 times)

renzo156

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Heuristics economize on the mental capabilities of people.
  Indicate whether the statement is true or false

Question 2

The demand curve slopes downward because of:
 a. diminishing marginal utility and consumer equilibrium.
  b. the fact that consumers cannot decide how much they want to pay for goods and services.
  c. the fact that suppliers cannot decide how much to charge for the goods and services they supply.
  d. the fact that consumer tastes and preferences change rapidly.
  e. the fact that consumers are fickle, which makes pricing a good or service very difficult.



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honnalora

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Answer to Question 1

T

Answer to Question 2

a





 

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