According to the rational choice model which of this two events should be valued more rational consumers: i.A gift of mug valued at $10
Ii)Finding the mug you thought was lost, which cost you $10 to purchase.
A)Both events should have the same value
B)Event A
C)Event B
D)There is really no way to rationally decide.

Question

Quizplus · Accepted Answer

According to the rational choice model, both events should have the same value because they both result in the consumer having a mug valued at $10.

According to the Rational Choice Model Which of This Two