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When We Explain a Behaviour by Referring to Some Internal

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When we explain a behaviour by referring to some internal personality characteristic,we are not offering

Interpret graphical representations of budget constraints, indifference curves, and shifts in these curves.
Identify the economic rationale behind consumer's choice of consumption bundles.
Predict consumer behavior in response to changes in income, prices, or both.
Understand the basic properties of indifference curves and how they represent consumer preferences.

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