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9EC0 A-Level Microeconomics > 1.2.1 Rational decision making > Flashcards

1.2.1 Rational decision making Flashcards

1
Q

Consumers aim to:

A

Maximise utility/benefit (enjoyment, welfare, satisfaction, happiness)

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2
Q

Firms aim to:

A

Maximise profits

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9EC0 A-Level Microeconomics (19 decks)

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