How Do I Get Help with Microeconomics?

Microeconomic theory is based on a series of assumptions. In microeconomic analysis, there are differences in specific assumptions in different models, but among many assumptions, there are at least two basic assumptions. ^[1]

Two basic assumptions of microeconomics

Right!

First, rational people assume.

Assumptions made by rational people (

Assumptions are basic assumptions in microeconomics. However, the academic community also acknowledged that the above two basic assumptions may not be completely true, and they were established for the convenience of theoretical analysis. Under these conditions, the experimental results derived from the model will have a certain gap with the facts. ^[1]