Discuss the main assumptions of the neoclassical model of consumer choice between two goods. Represent in a graph the consumer’s optimal bundle and explain it intuitively. Is this a good representation of how people really act or think?

July 23, 2023 Discipline: Economics

must be plagiarism free.

Attached is an example of a graph of consumers optimal bundle

Please structure essay with an introduction and then main points and then conclusion

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