Multiple Choice
Suppose Maya announces that she would like to make healthier choices, but she does not follow through on actually making these choices. Traditional economic theory would conclude that: Maya's revealed behavior shows that the benefits of altered behavior must not outweigh the costs. Maya made a bad choice. Maya has incorrect preferences.
A) I only
B) II and III only
C) II only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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