According to the rationality assumption, people

a. do not intentionally make decisions that would leave them worse off.

b. do not ever take into account the interests or well-being of others.

c. can never consider each of the most relevant alternatives.

d. use rules of thumb to make choices.

Question

Social Studies

Nicky

24 October, 04:03

According to the rationality assumption, people

a. do not intentionally make decisions that would leave them worse off.

b. do not ever take into account the interests or well-being of others.

c. can never consider each of the most relevant alternatives.

d. use rules of thumb to make choices.

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Answers (1)

Know the Answer?

Nicolas Frank · Answer 1

Answer: The correct answer is : a. do not intentionally make decisions that would leave them worse off.

Explanation: Rationality is a process during which a person must choose between two or more alternatives. By taking this attitude, one acts according to reason and the person does not get carried away by his impulses.

According to the rationality assumption, peoplea. do not intentionally make decisions that would leave them worse off.b. do not ever take into account the interests or well-being of others.c. can never consider each of the most relevant alternatives.d. use rules of thumb to make choices.

According to the rationality assumption, people

a. do not intentionally make decisions that would leave them worse off.

b. do not ever take into account the interests or well-being of others.

c. can never consider each of the most relevant alternatives.

d. use rules of thumb to make choices.