What are the two key assumptions that neoclassical economists make about individuals? What are those assumptions used

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What are the two key assumptions that neoclassical economists make about individuals? What are those assumptions used for?

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 07, 2023 01:05 PM

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What are the two key assumptions that neoclassical economists make about individuals? What are those assumptions used

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Neoclassical economics is a dominant economic theory that makes two key assumptions about individuals Rationality Neoclassical economists assume that ...View the full answer

Economics An Introduction To Traditional And Progressive Views

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