Problem
Ray likes his hamburgers with American cheese, lettuce, and ketchup. Whenever he places an order for a burger, he automatically orders these three toppings. What type of behavior is Ray exhibiting? What does traditional utility theory say about Ray's preferences? What would a behavioral economist say?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.