Consumer Preferences Market Baskets Amarket basket is a collection of one or more commodities a One market basket may be preferred over another market basket containing a different combination of goods Chapter 3: Consumer Behavior Slide 11Chapter 3: Consumer Behavior Slide 11 Consumer Preferences ◼ A market basket is a collection of one or more commodities. ◼ One market basket may be preferred over another market basket containing a different combination of goods. Market Baskets