MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... choice - the science that explains the choices that people make and pre- dicts how changes in circumstances affect their choices . To make a choice , we balance the benefits of hav- ing more of one thing against the costs of having less ...
... choice - the science that explains the choices that people make and pre- dicts how changes in circumstances affect their choices . To make a choice , we balance the benefits of hav- ing more of one thing against the costs of having less ...
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... choice can be summarized as follows : The choices made by real people resemble the choices made by the artificial people in the model economy . Spending patterns in the model look like the actu- al spending patterns in the real world ...
... choice can be summarized as follows : The choices made by real people resemble the choices made by the artificial people in the model economy . Spending patterns in the model look like the actu- al spending patterns in the real world ...
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Michael Parkin. KEY ELEMENT S QUESTION CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES PROBLEM MS. The theory of household choice based on this model is that the choices made in the real world cor- respond to choices made in the model ...
Michael Parkin. KEY ELEMENT S QUESTION CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES PROBLEM MS. The theory of household choice based on this model is that the choices made in the real world cor- respond to choices made in the model ...
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