Multiple Choice
A new area of economics studies situations in which people appear to be making choices that do not seem to be economically rational.What is this area called?
A) Behavioural economics.
B) Irrational economics.
C) Social economics.
D) New wave economics.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q120: What does the economic model of consumer
Q121: When is a good path dependent?<br>A)When consumers
Q123: If a consumer receives 20 units of
Q127: In the utility maximising model, consumer preferences
Q129: Some economists have argued that path dependency
Q178: What is a Giffen good?
Q233: Many airlines have not reduced or eliminated
Q241: Total utility is constant along a given
Q256: Explain the concept of network externalities.
Q274: An economist observes two consumers in a