Question
Which of the following is an assumption made by rational choice theory? A rational individual does not consider what others have chosen or what others
Which of the following is an assumption made by rational choice theory?
A rational individual does not consider what others have chosen or what others think before making a decision.
Individuals make decisions based on the greatest good for all parties concerned.
A rational individual can never have perfect information regarding all possible choices.
A rational agent spends either time, energy, or resources to make a decision.
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
