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    Exam 4: Consumer and Firm Behavior: The Work–Leisure Decision and Profit Maximization
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    When Consumers Act as Price-Takers,we Say That They Behave
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When Consumers Act as Price-Takers,we Say That They Behave

Question 41

Question 41

Multiple Choice

When consumers act as price-takers,we say that they behave


A) cooperatively.
B) competitively.
C) monopsonistically.
D) irrationally.
E) rationally.

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