Solved

When a Person Makes a Choice That Is Close to but Not

Question 17

Multiple Choice

When a person makes a choice that is close to but not exactly the one that leads to the best possible economic outcome,he or she is:


A) making an irrational decision.
B) usually ignoring opportunity costs.
C) being overconfident.
D) operating with bounded rationality.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions