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The other-things-constant assumption a. allows the economist to make useful predictions b. is a prediction c. applies only to consumers' decisions, not to those of
The other-things-constant assumption
a. | allows the economist to make useful predictions |
b. | is a prediction |
c. | applies only to consumers' decisions, not to those of firms |
d. | forces the economist to ignore reality, where things are constantly changing |
e. | implies rational self-interest on the part of all economic actors |
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