a) Using appropriate examples, distinguish between the Duesenberry's theory of consumption and Milton Friedman's theory. (10...

 

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a) Using appropriate examples, distinguish between the Duesenberry's theory of consumption and Milton Friedman's theory. (10 marks) b) In what ways is knowledge of consumption theories helpful in the economic decision making and management? (10 marks) a) Using appropriate examples, distinguish between the Duesenberry's theory of consumption and Milton Friedman's theory. (10 marks) b) In what ways is knowledge of consumption theories helpful in the economic decision making and management? (10 marks)

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a Duesenberrys theory of consumption and Milton Friedmans theory present different perspectives on consumer behavior and the factors influencing consumption Duesenberrys theory of consumption Duesenbe... View the full answer