This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following explains why too much choice can be a bad thing? (Read 35 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: May 25, 2020
Which of the following explains why too much choice can be a bad​ thing?
◦ Consumers are irrational and so will make inefficient choices.
◦ Too much choice can hinder decision making and reduce utility.
◦ Firms have to produce too many products and this reduces the quality of them.
◦ Consumers are encouraged to buy too much which can lead to growing levels of debt.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gbarreiro on May 25, 2020

Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


gbarreiro

  • Member
  • Posts: 566
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Example of a choice board used in studies of decision making. This one includes four factors for ... Example of a choice board used in studies of decision making. This one includes four factors for ...
Healthy choice Healthy choice
Biology multiple choice questions Biology multiple choice questions
Biology multiple choice Biology multiple choice
Multiple choice bio Multiple choice bio
Which of the buffers below would be the BEST choice for making a solution capable of buffering ... Which of the buffers below would be the BEST choice for making a solution capable of buffering ...
Video: How Hemoglobin Picks Up and Delivers Oxygen

For a complete list of videos, visit our video library