Economics study - • Utility satisfaction received from...

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Objectivity of households: maximize utility Objectivity of firms: maximize profit Objectivity of elected officials: maximize votes
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Unformatted text preview: • Utility: satisfaction received from consumption (sense of well-being) •...
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This note was uploaded on 04/13/2009 for the course ECON 101 taught by Professor Van-wie during the Fall '08 term at Columbia State Community College.

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