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Question
Which of the following best defines behavioral economics?
A. It is a branch of economics that uses insights from sociology and psychology.
B. It is a branch of economics that studies the behavior of firms while making decisions regarding the allocation of limited resources.
C. It is the study of the location, distribution, and spatial organization of economic activities across the world.
D. It is the study that is concerned with economic issues and problems related to business organization.
E. It is a branch of economics which deals with economic aspects of the development process in low-income countries.
Answer
This answer is hidden. It contains 216 characters.
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