If Individuals Behave Irrationally in Some Circumstances, Why Do Economists

question 45

Multiple Choice

If individuals behave irrationally in some circumstances, why do economists typically assume that they behave rationally?​

• A)​The assumption of rationality allows economists to make powerful statements that apply the majority of the time.
• B)​The assumption of rationality was used before psychologists discovered ways in which individuals behave irrationally.
• C)​The assumption of rationality is used because economists do not understand principles of psychology.
• D)​The assumption of rationality has yet to be refuted with scientific evidence.

Identify the cell types responsible for the formation, maintenance, and breakdown of bone and connective tissues.

Understand the role of cells specialized for protection, such as macrophages and mast cells.

Recognize the composition and types of protein fibers in connective tissue.

Describe the properties and functions of the extracellular matrix components in connective tissue.

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Definitions:

Principal of Equivalence

In psychoanalysis, the idea that energy diverted from one psychic avenue will emerge in another, maintaining a balance within the psyche.

Energy Differences

Variations in the level of vitality and enthusiasm displayed by individuals, often influenced by physical, emotional, or psychological factors.

Occult

Pertains to supernatural, mystical, or magical beliefs, practices, or phenomena that are beyond the range of normal scientific understanding.

Supernatural

Phenomena, entities, or forces beyond the natural world and not explained by current scientific understanding.