A rational consumer is one who
-
spends his income to maximize satisfaction
- is not influenced by advertisemment
- behaves in a particular way all the time
- knows the price of all goods and buys the cheapest
The correct answer is: A
Explanation
A rational consumer is considered to be that person who makes rational consumption decisions. In other words, the consumer who makes consumption decision by portioning his limited resources (income) to buying commodities that will give maximum satisfaction.