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Does Revealed Preference theory truly reveal consumer preference when the consumer is able to afford all of the available options? For example, if a consumer is confronted with three goods and they can afford to purchase all three (A, B, and C) and they choose to first purchase A, then C, and then B - does this suggest that the consumer preference for the goods is A > C > B? The debate rests on the fact that since the consumer can afford all three goods and does not need to make a preferential decision, does the order of consumption reflect any preference?
challenges of being a supplier to an internationally based mass merchandiser?
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Given the background in the above paragraphs, address the questions listed below. To address the questions adequately you need to look up additional information from the Whole Foods Market case, Internet sources and other sources available to you.
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