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economists assume that agents are rational. A rational consumer -----. Question 8 options: has the ability to plan and make certain basic calculations has preferences,
economists assume that agents are rational. A rational consumer -----. Question 8 options: has the ability to plan and make certain basic calculations has preferences, which they use to determine how to spend their income will maximize their income, i.e. earn as much as they possibly can all of the above are part of the description of a rational consumer
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
