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You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.
Develop a 12- to 15-slide Microsoft PowerPoint presentation to be presented to the Marketing Department that addresses the following.
Explain the following in your presentation:
• The impact the theory of consumer choice has on: • Demand curves• Higher wages• Higher interest rates• The role asymmetric information has in many economic transactions• The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy• People not being rational in behavior economics
Cite a minimum of 3 peer-reviewed sources not including your textbook.
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