Economists believe that human behavior follows economic principles to some extent because Select one: Emotions, social norms, and values are all based on rational choice concepts. Everyone is socialized into similar preferences and therefore no one is really free to choose. People muddle through life learning from their mistakes and finally end up doing what economic theory predicts they will do. people are intelligent and study the principles until it becomes natural for them to act according to the principles. If external costs are significant in a production process it is likely that SEIBCt one: Q A. The output of the production process will not deviate from the efficient output even if the external costs persist. O B. The costs will be automatically eliminated by the market forces that push toward. efficiency 0 C. The output of the production process will be greater than it should be for efficienCy. O D. The output of the production process will be less than it should be for efficiency. Which statement is a normative statement? Select one: Q A. Paper towels should be used in all restrooms instead of hot air dryers. O B. All computers now have at least 64 Megabytes of RAM. 0 C. Airline food is worse than restaurant food. 0 D. None of the above are normative. They all are positive statements. 0 E. Manual transmissions have four speeds and automatic transmissions have five speeds