In order to make a rational choice, people must
A)decide quickly without wasting time.
B)compare marginal costs and marginal benefits.
C)determine what is in the social interest.
D)only know what they want.
E)be able to afford the choice decided upon.

Question

Quizplus · Accepted Answer

To make a rational choice, individuals compare the marginal costs and marginal benefits of an option to determine if the benefits outweigh the costs.

In Order to Make a Rational Choice, People Must