Discuss the criticisms of the assumptions of neoclassical consumer theory.
-Do people always behave in rational ways? Give an example.
Correct Answer:
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Q13: Explain the assumptions made about consumers and
Q14: Explain the assumptions made about consumers and
Q15: Explain the assumptions made about consumers and
Q16: Explain how consumers maximize their utility (joy)
Q17: Explain how consumers maximize their utility (joy)
Q19: Discuss the criticisms of the assumptions of
Q20: Discuss the criticisms of the assumptions of
Q21: Discuss the criticisms of the assumptions of
Q22: Discuss the criticisms of the assumptions of
Q23: Discuss the criticisms of the assumptions of
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