
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 2
Identify each statement as being associated with neoclassical economics or behavioral economics.
a. People are eager and accurate calculators.
b. People are often selfless and generous.
c. People have no trouble resisting temptation.
d. People place insufficient weight on future events and outcomes.
e. People only treat others well if doing so will get them something they want.
a. People are eager and accurate calculators.
b. People are often selfless and generous.
c. People have no trouble resisting temptation.
d. People place insufficient weight on future events and outcomes.
e. People only treat others well if doing so will get them something they want.
Explanation
a.
Capability of mental calculation:
T...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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