Demand Theory and Consumer Choice
1) Give examples of a product you use little of because negative utility comes quickly.
2) Give examples of a product you use a lot of because negative utility comes slowly.
3) Give example of advertisements that take advantage of the idea that there isn't declining utility with this product.
4. How might Darin Jones
use his knowledge of consumer behavior when planning his purchase of CD's,
and other goods sold at the Emporium?
|Answers to Chapter 20 Class Discussion Questions||Table of Contents|
|Go to Chapter 20 Homework Questions||Economics Free Stuff|