Scenario:ÿYou have been asked to assist your organization’s marketing department to better understand how consumers make economic decisions.ÿWriteÿa 1,200-word analysis including the following:ÿThe impact the theory of consumer choice has on:ÿÿÿÿÿÿÿÿÿDemand 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.ÿCiteÿa minimum of three sourcesFormatÿyour paperÿconsistent with APA guidelines.

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