Microeconimics

Anonymous
timer Asked: Apr 23rd, 2013

Question description

7. When economists say an individual has made a
rational choice, they mean the individual has



A)
made the choice by weighing their own subjective costs and benefits

B)
made a "good" decision, one that reasonable outside observers would
have also made

C)
neglected to consider the unintended consequences arising from their decision

D)
ignored their own personal interests and made the choice that is best for
society




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