By way of an optimal choice, a consumer tends to

Q31) By way of an optimal choice, a consumer tends to

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Correct

Solution:
Consumers make choices based on their preferences and tastes, as well as the constraints they face, such as their budget, time, and availability of products.
Therefore, an optimal choice for a consumer would involve maximizing their satisfaction or utility, while taking into account these constraints.
Correct option is (d)

C A foundation Economics Paper4 Part I Questions for practice