lectur13-page5 - alternative ways of spending our limited...

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5 Rational Behavior 1. It is irrational to spend money indiscriminately and without any attention to the limitations of our incomes. 2. It is prudent to carefully consider
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Unformatted text preview: alternative ways of spending our limited incomes consistent with maximum satisfaction (UTILITY)....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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