Scenario: You have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions. Write a 1,050-word analysis including the following: The impact the theory of consumer choice has on: Demand curvesHigher wagesHigher interest ratesThe role asymmetric information has in many economic transactions.The Condorcet Paradox and Arrow’s Impossibility Theorem in the political economy.People are not rational in behavior economics. Cite a minimum of three peer-reviewed sources not including your textbook. Format your paper consistent with APA guidelines.
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