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The Model of Human Behavior Widely Used in Neoclassical Economics,that

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Short Answer

The model of human behavior widely used in neoclassical economics,that is,an all-knowing,self-interested individual who behaves rationally is called ________ ________.


Definitions:

Value Chain

A model that describes the full range of activities needed to create a product or service, from conception to delivery.

Human Resource Management

involves recruiting, hiring, deploying, and managing an organization's employees.

Value Chain

A series of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the market.

Service Chain

The sequence of processes involved in the production and delivery of a service.

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