Which of the following is not an assumption of our Rational Consumer Choice Model? A Consumers observe and set prices of goods B Consumers have a given income C Consumers have preferences over goods D...


Which of the following is not an assumption of our Rational Consumer Choice Model?





A Consumers observe and set prices of goods



B Consumers have a given income



C Consumers have preferences over goods



D b) and c) are not assumptions



E All of the above are CORRECT assumptions




May 17, 2022
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