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Rationality Is the Assumption That Economic Agents Know What They

question 11

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Rationality is the assumption that economic agents know what they like and behave accordingly.


Definitions:

Sentence Pattern

The structure and format in which words are arranged to create sentences, involving the order of subjects, verbs, and objects.

Indirect Strategy

A communication method where background information and supporting details are presented before the main idea or purpose.

Run-on Sentence

A grammatically faulty sentence in which two or more main clauses are joined without a conjunction or proper punctuation.

Independent Clauses

Phrases or sentence fragments that can independently represent complete ideas as they possess both a verb and a subject.

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