Multiple Choice
Bobby makes a New Year's resolution to lose weight.On January 3rd,he decides to go to Ben amp; Jerry's for ice cream instead of going to the gym.Using the concept of revealed preference,economists would most likely conclude that Bobby:
A) is not a rational individual.
B) actually gains more utility from ice cream than working out.
C) has changed his preferences.
D) has no choice over the actions he takes.
Correct Answer:

Verified
Correct Answer:
Verified
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