14. What assumption is important in using economic model to make predicitons? a) the law of demand b) the rationality assumption c) ceteris paribus/ other things being equal d)evryone being a price taker
14. What assumption is important in using economic model to make predicitons? a) the law of demand b) the rationality assumption c) ceteris paribus/ other things being equal d)evryone being a price taker
Chapter6: Consumer Choice And Demand
Section: Chapter Questions
Problem 1.3P
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14. What assumption is important in using economic model to make predicitons?
a) the
b) the rationality assumption
c) ceteris paribus/ other things being equal
d)evryone being a price taker
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