menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Economics Study Set 1
  4. Exam
    Exam 2: Eight Powerful Ideas
  5. Question
    Rational Choices:​
Solved

Rational Choices:​

Question 146

Question 146

Multiple Choice

Rational choices:​


A) ​are based on a comparison of total benefits and total costs.
B) ​can only be made by those who are economists.
C) ​are made based on expectations of the additional benefits and additional costs involved.
D) ​measure benefits based on the past.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q141: Prices communicate information about relative availability of

Q142: Resources are<br>A)​scarce for households but abundant for

Q143: Which of the following is false?<br>A)​Market prices

Q144: Assume that Colombia can produce 1,000 pounds

Q145: If people follow the rule of rational

Q147: Scarcity:​<br>A)​exists in command economies.<br>B)​exists in market economies.<br>C)​exists

Q148: Which of the following observations regarding economic

Q149: Mike can wash a car in 5

Q150: If race-car driving is dangerous, why would

Q151: Advantages of specialization do not include:​<br>A)​reduced interdependence.<br>B)​the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines