Economists assume that individuals make rational decisions. However real people are more complex. Based on what you

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Economists assume that individuals make rational decisions. However real people are more complex.

Based on what you have learned in your assigned reading, answer the following questions in your initial post:

What are the human behaviors economists should observe when creating economic models?

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Fundamentals Of Management

ISBN: 9780357517345

10th Edition

Authors: Ricky Griffin

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Posted Date: Jan 02, 2024 06:50 AM

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Economists assume that individuals make rational decisions. However real people are more complex. Based on what you

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Humans dont always behave in perfectly rational ways as assumed in traditional economic models Here ... View the full answer

Fundamentals Of Management

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