Context Notes: When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome. In classical economics, most models assume that consumers behave rationally.
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When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome. In classical economics, most models assume that consumers behave rationally.
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- In classical economics, most models assume that consumers behave rationally.
- When managers make decisions, we often assume they carefully weigh every option and choose the best possible outcome.
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