Rational Choice Requires That Opportunity Cost Be

question 30

Multiple Choice

Rational choice requires that opportunity cost be

• A) ignored in making a decision.
• B) considered for individual choices, but not for societal choices.
• C) computed, but not actually used in making a decision.
• D) considered as part of making a decision.
• E) used as the sole decision criterion.

---

Definitions:

Creative

The ability or quality of generating innovative ideas, approaches, or solutions.

Emotional Intelligence

The skill to recognize, regulate, and articulate emotions while dealing with others in a considerate and empathetic way.

Management Scholars

Academics or researchers dedicated to studying and advancing the field of management through teaching, researching, and publishing scholarly work.

Impression Management

The process by which individuals attempt to control the perceptions or impressions others form of them in social or organizational contexts.