3. In economics, a household is defined as a group of individuals making joint decisions as though...

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3. In economics, a household is defined as a group of individuals making joint decisions as though acting as one person.

a. How do you think decisions are actually made about things like consumption and allocation of time within the household?

b. Does bargaining take place?

c. If so, what gives an individual power to bargain effectively for his or her preferences?

d. Do individuals act cooperatively within the family and competitively everywhere else?

e. Does this make sense? (Feminist)

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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