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After Learning About Behavioral Economics, It Is Clear That

Question 101

Multiple Choice

After learning about behavioral economics, it is clear that:


A) we should dispense with the traditional economic theory.
B) traditional theory does not explain all consumer decisions, but it sheds light on many of them.
C) traditional theory would stay but take a second place behind behavioral economics.
D) including behavioral economics in an economic model would add unnecessary complexity.

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