People sometimes act differently in different settings.An economist is likely to explain this by saying
A) the benefits and costs of certain behaviors can be different in different settings.
B) people are hard to figure out.
C) people behave as others behave.
D) it is hard to figure out what makes people tick.
E) none of the above

Question

Quizplus · Accepted Answer

Economists recognize that people respond to incentives, and the costs and benefits of a certain behavior may vary depending on the setting. For example, a person may act differently in a professional setting versus a social setting because the benefits and costs of certain behaviors are different in each setting.

People Sometimes Act Differently in Different Settings