Behavioural Economics Refers to the Study of Situations

Multiple Choice

Behavioural economics refers to the study of situations

A) where consumers and firms appear to make choices that are appropriate to reach their goals.
B) where consumers and firms appear to value fairness when they make choices.
C) where consumers and firms disobey the laws of demand and supply.
D) where consumers and firms do not appear to be making choices that are economically rational.