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.

Question

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.

Quizplus · Accepted Answer

Economists often use the framework of costs and benefits to explain human behavior. In different settings, the costs and benefits of certain behaviors can be different, leading people to act differently.

People Sometimes Act Differently in Different Settings