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already paid fees for services that exceeded the maximum fees that they said they were willing to pay. This illustrates that A . rational individuals
already paid fees for services that exceeded the maximum fees that they said they were willing to pay. This illustrates that
A rational individuals always do what they say they will do
B banks should not charge higher fees since customers will not be willing to pay higher fees.
C individuals are basically irrational.
D it is important to focus on what rational individuals actually do rather than what they say they will do
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