Documents Economic Logic Assumptions, Rational Behavior, Cost/Benefit Analysis & Incentives.

Economic Logic Assumptions, Rational Behavior, Cost/Benefit Analysis & Incentives Important Economic Concepts Economists make many assumptions People make rational decisions…

Documents Economic Logic Assumptions, Rational Behavior, & Incentives.

Economic Logic Assumptions, Rational Behavior, & Incentives Economists make many assumptions to analyze problems Ceteris paribus: Latin for âall other things being equalâ…