This assignment requires an explanation of why consumers tend to use a more rational approach in making consumption decisions for expensive products or services, using theories and concepts of consumer behavior covered in the AMB200 course and integrating relevant literature sources.

Using the theories and concepts of consumer behavior covered in AMB200 course, explain why consumers tend to apply more rational approach in making consumption decisions involving expensive products or services. Your essay should be approximately 300 words (+/- 10%). You must demonstrate adequate understanding of the theories covered in class and integrate relevant literature resources. Use 2 to 3 literature sources. Your essay should be brief and precise.
Lecture slides: Must read before start doing it
https://drive.google.com/drive/folders/1QFXSZuzVRQEVv0EHFPxyNfzAmex_5VETG?usp=sharing

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