In economic analysis, what are the assumed objectives of households, firms, and the government?

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Microeconomics A Contemporary Introduction

ISBN: 978-1111415921

9th edition

Authors: William A. McEachern

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Question Posted: Dec 12, 2015 05:18 AM

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In economic analysis, what are the assumed objectives of households, firms, and the government?

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Households are assumed to make decisions to maximize utility or their overall level of sati...View the full answer

Microeconomics A Contemporary Introduction

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