Economists assume that
A)individuals behave in unpredictable ways.
B)consumer behavior is explained by the existence of unlimited resources.
C)people put other people's interests ahead of their own.
D)optimal decisions are made at the margin.

Question

Quizplus · Accepted Answer

Economists assume that individuals make rational choices and make decisions by weighing the costs and benefits at the margin, which means making decisions based on incremental changes in their circumstances. This assumption is the basis for many economic models and theories.

Economists Assume That