The decision to tip a waiter or waitress is:
A.a rational decision if the person leaving the tip is concerned about fairness.
B.an irrational economic decision because it reduces the economic payoff of the tipper.
C.an example of decision making using bounded rationality.
D.an example of behavior based on risk aversion.

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The Answer of The decision to tip a waiter or waitress is:
A.a rational decision if the person leaving the tip is concerned about fairness.
B.an irrational economic decision because it reduces the economic payoff of the tipper.
C.an example of decision making using bounded rationality.
D.an example of behavior based on risk aversion.

The Decision to Tip a Waiter or Waitress Is