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Zanzabum
3 years ago
7

When economists say that people act as rational decision makers, they mean that:

Social Studies
1 answer:
Svetllana [295]3 years ago
8 0

Answer:

c. people respond in predictable ways to changes in costs and benefits.

Explanation:

Hello! For the branches of the economy, people act in one way or another (not always rational) based on different “reasons.” Some of the reasons why people act like that are measured, such as costs and benefits. In general, economists know the most predictable reactions a citizen will have.  

Thanks for your question!  

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Answer:

AIDA model

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4 years ago
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