Economists assume that rational people do all of the following except _________.
A) using all available information as they act to achieve their goals
B) undertaking activities that benefit others and hurt themselves
C) weighing the benefits and costs of all possible alternative actions
D) responding to economic incentives
Correct Answer:
Verified
Q3: In economics, what term means 'additional' or
Q4: Economists assume that rational behaviour is useful
Q8: What basic economic problem has always existed
Q12: A grocery store sells a bag of
Q12: Suppose that some teachers have decided that
Q16: Economists assume that individuals_.
A)behave in unpredictable ways.
B)will
Q17: By definition, economics is the study of
A)how
Q19: In economics, choices must be made because
Q20: Holding all other personal characteristics-such as age,
Q33: The revenue received from the sale of
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