Can activities like driving faster than the speed limit or driving without wearing a seat belt be considered rational behavior? Why or why not?

These activities would be considered rational if the perceived benefits are greater than the perceived costs. The decision to act in a certain way can be rational even if the actions turns out to be something that the individual later regrets.

Economics

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Which of the following measures of effectiveness is not a surrogate measure?

a. Cholesterol level b. Blood pressure c. Tumor size d. Hip fracture e. Bone-mass density (BMD)

Economics

Why doesn't a competitive firm reduce its price below the industry price to increase sales?

Economics