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    Exam 19: The Logic of Individual Choice: the Foundation of Supply and Demand
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    The Underlying Psychological Foundation of Individual Choice and Economic Reasoning
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The Underlying Psychological Foundation of Individual Choice and Economic Reasoning

Question 62

Question 62

Multiple Choice

The underlying psychological foundation of individual choice and economic reasoning is:


A) generosity.
B) focal point equilibrium.
C) bounded rationality.
D) self-interest.

Correct Answer:

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