Economists do not believe that students are capable of comparing the marginal benefits of academic achievement to the appropriate marginal costs of achievement.

Question

Quizplus · Accepted Answer

This statement is false. Economists believe that individuals are capable of assessing the marginal costs and benefits of academic achievement and making rational choices based on this analysis. However, individual preferences and other factors may influence their decision-making process.

Economists Do Not Believe That Students Are Capable of Comparing