Meagan's economics professor argues that people are optimal decision makers.Her psychology professor argues that people are often irrational decision makers.Her economics professor believes in a _____ model of human decision making; her psychology professor believes in a _____ model.
A) normative; descriptive
B) normative; normative
C) descriptive; descriptive
D) descriptive; normative

Question

Quizplus · Accepted Answer

The economics professor's belief in people as optimal decision makers suggests a normative model of human decision making, where decisions are made based on rational calculations of costs and benefits. The psychology professor's belief in people as often irrational decision makers suggests a descriptive model of human decision making, where decisions may be influenced by biases, emotions, and other psychological factors that can interfere with perfect rationality. Therefore, the best choice is A.

Meagan's Economics Professor Argues That People Are Optimal Decision Makers