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Objectives of chapter 3: A closer look at the law of demand Theory of consumer behavior

Chapter 3: Consumer Behavior and Utility Maximization. Objectives of chapter 3: A closer look at the law of demand Theory of consumer behavior Utility maximization and demand curve. Introduction. When we go the market, we buy things, such as food, hygiene product, electronics, etc.

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Negative utility - PowerPoint PPT Presentation

Objectives of chapter 3: A closer look at the law of demand Theory of consumer behavior