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    Microeconomics Study Set 45
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    Exam 8: Behavioral Economics
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    Neoclassical Economics Focuses on Predicting the Behavior of Economic Agents
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Neoclassical Economics Focuses on Predicting the Behavior of Economic Agents

Question 65

Question 65

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Neoclassical economics focuses on predicting the behavior of economic agents, whereas behavioral economics focuses on the mental processes involved in decision making.

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