In microeconomics, consumer theory studies

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    The amount of wages and salaries, profits, dividends and interest earnings that consumers have for making purchases in the marketplace.
     Total consumer expenditures on durable versus nondurable goods or services.
     How consumers maximize their well-being by choosing to purchase one basket of goods versus another, or by trading-off current for future consumption, given their limited budgets.
     Total consumer expenditures and saving in the economy.
asked May 30, 2013 in Economics by anonymous
    

1 Answer

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How consumers maximize their well-being by choosing to purchase one basket of goods versus another, or by trading-off current for future consumption, given their limited budgets.
answered May 31, 2013 by Xyz ~Expert~ (3,650 points)

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