Joe walks into Best Buy prepared to spend $500 cash on a new computer,but the price turns out to be $600.Joe is told if he finances it on a Best Buy credit card,it will cost $600,but he will get a $25 gift card free with the computer.Joe opts to open the credit card and puts the full $600 on the account.According to economic theory,Joe's decision is:
A) irrational.
B) rational.
C) budget-conscious.
D) optimal.
Correct Answer:
Verified
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A)time
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A)price
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A)people are
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