Which of the following explains why too much choice can be a bad thing?
A) Consumers are irrational and so will make inefficient choices.
B) Consumers are encouraged to buy too much which can lead to growing levels of debt.
C) Too much choice can hinder decision making and reduce utility.
D) Firms have to produce too many products and this reduces the quality of them.
Correct Answer:
Verified
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A) the
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A)
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