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Janae Donates $50 to the Local Humane Society

Question 133

Multiple Choice

Janae donates $50 to the local Humane Society. This means she can't buy that new pair of shoes, which according to her utility schedule, would have maximized her utility. This example illustrates the ________ aspect of behavioral economics.


A) bounded self-interest
B) bounded rationality
C) bounded will-power
D) empowerment effect

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