upcat math

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    • Workers act rationally by

      Balancing welfare at work with consideration of both pay and benefits
    • Rationality in classical economic theory is a flawed assumption as people usually don't act rationally
    • A firm increases advertising
      Demand curve shifts right
    • Demand curve shifting right
      Increases the equilibrium price and quantity
    • Marginal utility

      The additional utility (satisfaction) gained from the consumption of an additional product
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