Thelma, with no money in her bank account, estimates that there is a 25 percent chance that she will get caught stealing a Porsche. According to an economist, under what circumstances might it be rational for Thelma to steal the Porsche?
A) if the expected marginal cost exceeds the retail value of the Porsche
B) if her expected marginal benefit exceeds the amount of money in her bank account
C) if the expected marginal costs outweigh the expected marginal benefits from doing so
D) if the expected marginal benefits outweigh the expected marginal costs from doing so
Correct Answer:
Verified
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