Which of the following economic assumptions related to equilibrium of consumer choices is true? consumers are rational and always make the right purchase decisions consumers are not rational but still always make the right purchase decisions consumers are rational and sometimes make mistakes with their purchase decisions in the short-run but adjust their behavior in the long-run so that their purchases are optimal consumers are irrational and sometimes make mistakes with their purchase decisions in the long-run but adjust their behavior in the short-run so that their purchases are optimal
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