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Consumer - Wikipedia, the free encyclopedia (346 words) |
 | In standard microeconomic theory, a consumer is assumed to have a budget which can be spent on a range of goods and services available on the market. |
| Under the assumption of rationality, the budget allocation is chosen according to the preference of the consumer, i.e. |
| In time-series models of consumer behaviour, the consumer may also invest a proportion of their budget in order to gain a greater budget in future periods. |
| Consumer education - definition of Consumer education in Encyclopedia (113 words) |
| Consumer education is education people pursue for the sake of entering the consumer goods market with a more sophisticated understanding of that market, and the products, suppliers and tactics to be found there. |
| Consumer education is part of the formal school curriculum in many places. |
| Consumer education incorporates knowledge from many disciplines, not limited to... |
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