Rational choice takes time and requires information, but time and information are themselves ____.
A) rational choice
B) selfish
C) freely available
D) scarce
E) abundant
Correct Answer:
Verified
Q67: Rational choice implies:
A) the use of an
Q68: In economics, marginal usually refers to:
A) a
Q69: Given that consumers need time and information
Q70: Given that consumers need time and information
Q71: For an economist, marginal means:
A) incremental.
B) unimportant.
C)
Q73: For a non-economist, marginal means:
A) incremental.
B) unimportant.
C)
Q74: Rational decision makers continue to acquire information
Q75: You will buy another pair of jeans
Q76: Economists believe that people respond in a
Q77: You want to sell your old iPad
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