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Describe the aspects of the theory of consumer choice. Define a consumer’s indifference curve and explain the properties of this curve.

ASSIGNMENT In one doc Answer the following questions and add link sources no plagiat: Describe the aspects of the theory of consumer choice. Define a consumer’s indifference curve and explain the properties of this curve. Describe in detail and with examples theory of consumer choice, asymmetric information, political economy, and behavioral economics. Describe the ultimatum […]

What are the human behaviors economists should observe when creating economic models? Example: people tend to find solutions that are good enough, but not the best solutions.

Provide a detailed paragraph for the topic below in the order instruction section also please provide another very detailed paragraph for the document that I uploaded thank you. Economic behavior is more complex than assumed by conventional economic theory. Political economy explains the functioning of government. Behavioral economics ties psychology into human behavior. Economists assume […]

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