A defense for the assumption that consumers maximize is that

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A defense for the assumption that consumers maximize is that

A defense for the assumption that consumers maximize is that
A) consumers never make mistakes.
B) mistakes by the consumer are not likely to last for a long time.
C) it allows for many possible outcomes.
D) mistaken consumers may receive counseling from the government.
E) mistakes by consumers only last for two periods.

Textbook

Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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