answered: 1.Give an example of your preferences that are consistent. C
1.Give an example of your preferences that are consistent. Can you think of an example when you have shown preferences that are not consistent? 2.When you go shopping, I am sure you do not consciously make decisions the way you have learned using the mathematics of consumer equilibrium this week. Can you describe in words how you make a decision when you go shopping for 2 items with a certain amount of money in your pocket? Do you think that on the subconscious level using are using consumer equilibrium to make your choices? Why or why not? 3.Play the game SPENT. What are your thoughts? At the end the game might ask you to donate. Please do not feel you have to donate anything.
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