Preferences. Rationality in Economics u Behavioral Postulate: A decisionmaker always chooses its most preferred alternative from its set of available.
Ch3
Eco
Course: Microeconomics Text: Varian’s Intermediate Microeconomics 1.
Tastes/Preferences Indifference Curves. Rationality in Economics u Rationality Behavioral Postulate: “Rational Economic Man” The decision-maker chooses.
1 Preferences Molly W. Dahl Georgetown University Econ 101 – Spring 2009.
Chapter 3 Preferences. 2 Introduction The economic model of consumer behavior is very simple: people choose the best things they can afford. The last.