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9 What is behavioral economics? The study of how prices reach equilibria that match supply and demand Discipline that combines insights from economics and psychology
9 What is behavioral economics? The study of how prices reach equilibria that match supply and demand Discipline that combines insights from economics and psychology to understand decision-making Branch of classical economics that deals with consumer and firm decision-making The study of how people make rational choices based on their preferences and constraints. 5 points Save Step by Step Solution
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
