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Economics
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The type of economics that studies irrational behavior or decisions is known as _____?
  2. Behavioral economics
  3. Neoclassical economics

 

 

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Chika Ilonah
Chika IlonahLv10
10 Nov 2020
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Related questions

Which of the following best defines economics?
A) Economics teaches how to limit our wants.
B) Economics studies how to choose the best alternative when coping with scarcity.
C) Economics helps you earn as much money as possible.
D) Economics analyzes all aspects of human behavior in general.
E) Economics is concerned with prices and quantities of goods and services, both at the individual level and at the industry level.
Which of the following best defines economics?
A) Economics teaches how to limit our wants.
B) Economics studies how to choose the best alternative when coping with scarcity.
C) Economics helps you earn as much money as possible.
D) Economics analyzes all aspects of human behavior in general.
E) Economics is concerned with prices and quantities of goods and services, both at the individual level and at the industry level.

Economics involves marginal analysis because:

a. most decisions involve changes from the present situation.
b. marginal benefits always exceed marginal costs.
c. marginal costs always exceed marginal benefits.
d. much economic behavior is irrational

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