Thelma, with no money in her bank account, estimates that there is a 25% chance that she will get caught stealing a Porsche.According to an economist, it may be rational for Thelma to steal the Porsche if:
A) the expected marginal costs outweigh the expected marginal benefits from doing so.
B) the expected marginal benefits outweigh the expected marginal costs from doing so.
C) None of the above are correct. It is inappropriate to apply economic theory to the analysis of criminal behavior.
D) None of the above are correct. Not even an economist would assert that it is rational to steal a car.
Correct Answer:
Verified
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