What objective do consumers pursue in the rational-choice model?
A
Consumers aim to maximise revenue - their sales income.
B
Consumers aim to minimise utility - their satisfaction.
C
Consumers aim to minimise expenditure - their spending.
D
Consumers aim to maximise utility - their satisfaction.
1.2.1 Consumer behaviour Flashcards
Flashcards for AQA A Level Economics 1.2.1 Consumer behaviour, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 24 cards, matched to the AQA A Level Economics (7136) specification.