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Asked Nov 19, 2019
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describe at least three ways in which human decision making differs from that of the rational individual of conventional economic theory

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Answer – Ways in which human decision making differs from that of the rational individual of conventional economic theory are –

1 . Price of Product – The price of a product is one the main reason which affect the humans decision to purchase a commodity or not . As  the most human have finite income sources and they have to divide these resources according to the...

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