n economic models, the rationality assumption states that people Group of answer choices do not intentionally make decisions that would make them worse off never take into account the interests or well-being of others can never consider each of the most relevant alternatives use “rules of thumb” to make choices none of these
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1. Which of the following is an assumption about the economic model? Choose all that apply. a.Marginal analysis b.Rational behavior c. Choices are based on desired outcomes d. All else equal
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