If people follow the rule of rational choice they will choose options that they think will:
A)create more average benefits than average costs
B)create more additional costs than additional benefits
C)create equivalent additional benefits and additional costs
D)create more additional benefits than additional costs

Question

If people follow the rule of rational choice they will choose options that they think will:
A)​create more average benefits than average costs
B)​create more additional costs than additional benefits
C)​create equivalent additional benefits and additional costs
D)​create more additional benefits than additional costs

Quizplus · Accepted Answer

According to the rational choice theory, individuals will choose options that create more additional benefits than additional costs. This means that when deciding between different options, individuals will weigh the potential benefits and costs of each option and choose the one that offers the most benefits for the least cost. Choosing options that create more average benefits than average costs (option A) may seem like a logical choice, but it fails to take into account the marginal or additional benefits and costs of each option. Therefore, the best choice is to choose options that create more additional benefits than additional costs.

If People Follow the Rule of Rational Choice They Will