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djsmyers djsmyers
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Posts: 764
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6 years ago
A theory stating that individuals make purchasing decisions based on tastes which change randomly at random intervals is not useful because
A) it is not possible to test the predictions of the model.
B) tastes are not the only factor influencing behavior.
C) the model is too simplistic.
D) the predictions of such a model would be incorrect.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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Posts: 246
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6 years ago
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djsmyers Author
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6 years ago
Smart ... Thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
this is exactly what I needed
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