Review the fundamental microeconomic assumptions on the consumers’ behaviour within the neoclassical model. What are the main strengths and the main limitations of those assumptions? Discuss with theoretical and applied evidence.
Review the fundamental microeconomic assumptions on the consumers’ behaviour within the neoclassical model. What are the main strengths and the main limitations of those assumptions? Discuss with theoretical and applied evidence.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 5SQ
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Review the fundamental
What are the main strengths and the main limitations of those assumptions? Discuss with theoretical and applied evidence.
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