The theory of consumer behavior is based on all the following assumption except that the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Consumer is assumed irrational
- B Consumer taste remains constant
- C Consumer has budget constraint
- D Consumer aims at maximizing his utility
- E Consumer is exposed to more than one commodity
Correct Answer: Option A
Explanation:
Share question on: