Today, 11:32

Behavioral economists suggest that consumers do not behave as if they are rational, and if the rationality assumption does not apply to actual behavior, they argue, it follows that utility-based consumer choice theory cannot, either. True or false?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Behavioral economists suggest that consumers do not behave as if they are rational, and if the rationality assumption does not apply to ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

What is not involved in critical thinking?

What was the main concern with the first draft of the Articles of Confederation? A. Too much power in the state governments B. Too much power in the central government C. A too small legislature End of exam D. Too little power for the courts

Development of markets in the uae from traditional to modern markets

A person 's driver license will automatically be suspended if convicted of:

What did the principal do after Greg's first two fights? Do you think the principal made a good decision?

New Questions in Social Studies

How are the Mayas and the Incas civilization the same? How are they different?

The essence of learning is in understanding -, such as between the sound of water and being able to quench one's thirst.

Concepts, ideas, opinions, feelings, and other intangible entities are often labeled as "insubstantial phenomena.

Behavioral economists suggest that consumers do not behave as if they are rational, and if the rationality assumption does not apply to actual behavior, they argue, it follows that utility-based consumer choice theory cannot, either. True or false?

How do erosion and weathering act as a destructive force?