English, asked by sabbiremon76, 5 months ago

what are the three principles of rational economic man? explain​

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Answered by Anonymous
4

Answer:

Hope this helps you.

Explanation:

Understanding Economic Man

Unlike a real human, economic man always behaves rationally in a narrowly self-interested way that maximizes his or her satisfaction. This assumption enables economists to study how markets would work if they were populated by these theoretical persons.

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