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Which of the following statements is true for rational choice theory? a.) Its assumptions have always been relied on in economic theory. b.) Its assumptions
Which of the following statements is true for rational choice theory? a.) Its assumptions have always been relied on in economic theory. b.) Its assumptions apply solely to the field of economics. c.) Its assumptions and its description of human behavior are imprecise. d.) Its assumptions are used in many explanations for how consumers and producers optimize their decisions
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