2
answers
0
watching
6
views
11 Dec 2019
One of the primary assumptions of economics is that people are rational and make rational economic choices based on available information. To examine this assumption, consider yourself a sample of one and examine your economic choices.
Respond to the following:
Identify and describe one of your recent economic decisions or choices. (Note that you need not share information you consider confidential.)
Explain why the decision was rational. Give reasons for your answer.
Provide an example where you have encountered increasing opportunity costs.
One of the primary assumptions of economics is that people are rational and make rational economic choices based on available information. To examine this assumption, consider yourself a sample of one and examine your economic choices.
Respond to the following:
Identify and describe one of your recent economic decisions or choices. (Note that you need not share information you consider confidential.)
Explain why the decision was rational. Give reasons for your answer.
Provide an example where you have encountered increasing opportunity costs.
2
answers
0
watching
6
views
For unlimited access to Homework Help, a Homework+ subscription is required.
victorayumbaLv3
24 Jun
Unlock all answers
Get 1 free homework help answer.
Already have an account? Log in
Elin HesselLv2
13 Dec 2019
Get unlimited access
Already have an account? Log in