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When deciding which of the two items to purchase, one should always? a
When deciding which of the two items to purchase, one should always?
a.
don't know
b.
Choose the item that costs less.
c.
Choose the item with the greatest benefits.
d.
Choose an item after comparing the costs and benefits of both items
Expert Solution
Answer is D...
In economics assume consumer always a rational person.
And purchase those good and services takes maximum utility in given budget.
Consumer always maximize there untiliy in given budget.
So that's why consumer always analysis cost and benifit of these product
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