Answer & Explanation:I need help with an assignment where I have been asked to assist an organization’s marketing department to better understand how consumers make economics decisions that have to include the following:Write a 1,050-word analysis that includes the following:The impact the theory of consumer choice has on: Demand curvesHigher wagesHigher interest ratesThe role asymmetric information has in many economic transactionsThe Condorcet Paradox and Arrow’s Impossibility Theorem in the political economyPeople not being rational in behavior economicsCite a minimum of 3 peer-reviewed sources Format consistent with APA guidelines, include citations within essay, including web links of where the peer-reviewed sources were cited from.If possible, I would like to have an answer within one day.
Expert answer:Theory of Consumer Choice and Frontiers of Microec
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