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Financial planning and rational choice

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13y ago
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5d ago

Rational choice can take the form of maximizing utility, where individuals make decisions based on maximizing their own personal satisfaction. It can also take the form of optimizing resources, where individuals make decisions based on achieving the best outcome with limited resources.

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4y ago

List two forms that rational choice can take

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Q: List two forms that rational choice can take?
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How can economic growth eliminate scarcity and choice?

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