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Question 7 (2 points) Which of the following is a FALSE statement, 1, 2 or both? Explain why. (2 marks) 1. Rational individuals weigh the

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Question 7 (2 points) Which of the following is a FALSE statement, 1, 2 or both? Explain why. (2 marks) 1. Rational individuals weigh the benefits and costs of each action, and they choose an action only if the additional benefits either equal or outweigh the additional costs. 2. Rational individuals weigh only the benefits of each action, and they choose an action if there are only benefits to them Paragraph B I U

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