Question: Hi, I need help with my homework with the application of rational decision-making and consumer mistakes to a real-life example. Apply rational decision-making and consumer

Hi, I need help with my homework with the application of rational decision-making and consumer mistakes to a real-life example.

Apply rational decision-making and consumer mistakes to an original real-life example. This should clearly describe a real-life situation and explain how the economic concept applies to the situation. This should demonstrate the understanding of the economic concepts, by applying them to real-life situations.

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