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Behavioral Economic Theories Are Developed Based on the Following, Except

Question 86
Multiple Choice
arrowQuestion 86arrow
Multiple Choice

Behavioral economic theories are developed based on the following, except

A)assuming that people always make rational decisions and choices.
B)observing people's actual behavior, including irrational behavior.
C)trying to explain people's tendency to make systematic errors in certain situations.
D)dropping the neoclassical assumption that people are fundamentally rational.

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