Economics WAEC

A rational consumer tends to do all the following except?

A. buying more at a high price than at a low price
B. buying more at a low price than at a high price
C. buying at utility maximization
D. reacting to price changes
E. complying with the law of demand

Correct Answer:

Option A – buying more at a high price than at a low price

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

EME 405 Theory Question: Significance Of Budgeting In An Educational Institution

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

7 mins ago

EME 405 Theory Questions: Management Accounting And Functions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 405 Theory Questions: Basic Accounting Conventions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 405 Theory Question: Qualities And Objectives Of Financial Accounting

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 405 Theory Question: Basic Accounting Conventions

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 405 Theory Questions: Budgeting Process in Nigerian Education ​​

400 Level  Management Accounting In Education Practice exam questions and detailed answers. Download the answers in…

18 hours ago