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The assumptions of mainstream market economics are: The individual is the unit of analysis. This is one of the assumptions of mainstream economic theory formally called methodological individuals. Human beings' actions are guided by self-interest. Human beings' actions are guided by altruistic care for others. Human beings are utility-maximizers. This is the way economics understand rationality, i.e greatest benefits at the least cost. .

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The assumptions of mainstream market economics are: The individual is the unit of analysis. This is one of the assumptions of mainstream economic theory formally called methodological individuals. Human beings' actions are guided by self-interest. Human beings' actions are guided by altruistic care for others. Human beings are utility-maximizers. This is the way economics understand rationality, i.e greatest benefits at the least cost.

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  • 1. The assumptions of mainstream market economics are: The individual is the unit of analysis. This is one of the assumptions of mainstream economic theory formally called methodological individuals. Human beings' actions are guided by self-interest. Human beings' actions are guided by altruistic care for others. Human beings are utility-maximizers. This is the way economics understand rationality, i.e greatest benefits at the least cost.