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Neoclassical economics assumes that people are rational maximizer of utility. however, many people donate their time and money to charitable cases. are theseindividuals irrational in
Neoclassical economics assumes that people are rational maximizer of utility. however, many people donate their time and money to charitable cases. are theseindividuals irrational in the economics sense? Explain this behavior economically and elaborate on how volunteerism might be an important component of a policy decision.
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