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QUESTION
Briefly identify the basic motives economic theorists conventionally assume when attempting to explain human behavior., describe homo economicus.
- Briefly identify the basic motives economic theorists conventionally assume when attempting to explain human behavior. (I.e., describe homo economicus.)
- Now differentiate this "economic" explanation of behavior from theories developed bythe following groups of thinkers: (a) sociologists. (b) medieval scholastics. (c) evolutionary biologists.
