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Describe the two assumptions of consumer demand theory as Galbraith explain

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The dependence effect”o- Describe the two assumptions of consumer demand theory as Galbraith explains it. o- Explain how Galbraith undermines those assumptions. o- According to Galbraith, the argument that production is dependent on consumer demand, which is dependent on advertising, is dangerous because most economists would sense “the damage to established ideas which lurks in these relationships.” Discuss what he means by this

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