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December 21, 2014

Homework Help: microeconomics

Posted by amanda on Monday, October 15, 2007 at 4:22pm.

Explain:
Before economic growth, there were too few goods, after growth, there is too little time.
It is irrational for an individual to take the time to be completely rational in economic decision making.
Telling Satnt what you want for Christmas makes sense in terms of utility maximization.

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