When people make rational choices, they
A) do not consider their emotions.
B) weigh the costs and benefits of their options and act to satisfy their wants.
C) are necessarily making the best decision.
D) necessarily make a decision in the social interest.
E) behave selfishly.
B
Economics
You might also like to view...
Which factor of production includes water?
A) physical capital B) human capital C) land D) entrepreneurship
Economics
Which one of the following will shift the consumption function downward?
a. An increase in disposable income. b. A decrease in disposable income. c. Legislation making credit harder to obtain. d. Lower tax rates. e. A technological breakthrough.
Economics