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Nicolas bernoulli - PowerPoint PPT Presentation

Consumer Choice Theory Revisited Principles of Microeconomics Boris Nikolaev

Consumer Choice Theory Revisited Principles of Microeconomics Boris Nikolaev. Economic Theory. Consumers have perfect information Consumers are rational and self-interested agents that maximize their utility More is better (as you move to a higher indifference curve utility goes up )

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Nicolas bernoulli - PowerPoint PPT Presentation

Consumer Choice Theory Revisited Principles of Microeconomics Boris Nikolaev