ILO:
a) The underlying assumptions of rational economic decision making:
o consumers aim to maximise utility
o firms aim to maximise profits
a) The underlying assumptions of rational economic decision making:
o consumers aim to maximise utility
o firms aim to maximise profits
Rational economic decision making
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Assess why Amazon would always seek to profit maximise. (10 marks)
The World's Richest Man Is Fighting Amazon Workers Unionizing
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Revision video:
Rational Decision Making and Consumer Welfare I A Level and IB Economics
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