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Author Question: In an economic model of consumer behavior, rational self-interest would likely be a. a key variable ... (Read 81 times)

acc299

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In an economic model of consumer behavior, rational self-interest would likely be
 a. a key variable
  b. the hypothesis of the model
  c. a behavioral assumption
  d. a prediction of the model
  e. a method of testing the model

Question 2

The other-things-constant assumption
 a. allows the economist to make useful predictions
  b. is a prediction
  c. applies only to consumers' decisions, not to those of firms
  d. forces the economist to ignore reality, where things are constantly changing
  e. implies rational self-interest on the part of all economic actors



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jlaineee

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Answer to Question 1

C

Answer to Question 2

A




acc299

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Reply 2 on: Jul 1, 2018
Wow, this really help


upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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