Melanie decided to sleep in today rather than attend her 9 a.m. economics class. According to economic analysis, her choice was
A) irrational, because economic analysis suggests you should always attend classes that you have already paid for.
B) irrational, because oversleeping is not in Melanie's self-interest.
C) rational if Melanie has not missed any other classes.
D) rational if Melanie values sleep more highly than the benefit she expects to receive from attending the class.

Question

Quizplus · Accepted Answer

Economic analysis states that individuals will make choices that maximize their own self-interest, and in this case, Melanie has chosen to prioritize her own need for sleep over attending the class. As long as this decision aligns with her personal preferences and values, it is considered a rational choice.

Melanie Decided to Sleep in Today Rather Than Attend Her