Nowitall4167 Nowitall4167
  • 11-09-2017
  • Business
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True or false: economizing behavior involves choosing the option that brings the greatest satisfaction at the least cost.

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W0lf93
W0lf93 W0lf93
  • 23-09-2017
True. "Economizing behavior" is the result of purposeful and rational decision making on behalf of the economizer. The better option in two items of the same quality is to buy the cheaper object. For example, if you want to buy a chocolate bar and see that one seller offers one at $1.50 and the other one offers one at $3. Economizing behavior would be to buy the first bar.
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