Question

Explain consumers theory in detail

Answer 1

Explanation:

animals feeding on plants or other plants eating animals may be herbivorous or carnivorous or omnivorous

Answer 2

Answer:

Consumer theory is the study of how people decide to spend their money based on their individual preferences and budget constraints.

Building a better understanding of individuals' tastes and incomes is important because these factors impact the shape of the overall economy.

Consumer theory is not flawless, though, as it based on a number of assumptions about human behavior.