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Assignment
You personally 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. The paper is 1,050 words in length.
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.
Format consistent with APA guidelines.
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The market for the product under consideration in the short run
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