Interview 3 different students and identify 3 consumer problems each of them have recently recognized. For each problem identified, determine:

The relative importance of the problem.

How the problem occurred.

What caused the problem? (i.e., a change in desired or actual states)

What action they took (or plan to take) to address the problem.

Are there any other concepts from our course that you can apply to any of the problems youve identified? (e.g,. Bounded rationality, cultural norms and values, etc.)

For each of the problems youve considered, identify whether theyre nominal, limited, or extended. Discuss why. by details and analatically