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Which of the Following Statements About Rationality Is True?Economists Wish

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Which of the following statements about rationality is true?Economists wish to prove that all individuals are rational.Engaging in a behavior for which the marginal costs exceed the marginal benefits is irrational.As long as the marginal benefit of an action is positive, the action is rational.Individuals are hardly ever rational.


Definitions:

Plan B One-Step

An over-the-counter emergency contraception pill intended to prevent pregnancy after unprotected sex or contraceptive failure.

Emergency Contraception

A method of preventing pregnancy after unprotected sex or contraceptive failure, often referred to as the morning-after pill.

Symptothermal Method

A fertility awareness method of birth control that combines three fertility indicators: calendar (rhythm) method, basal body temperature method, and cervical mucus method.

Calendar

A system for organizing and dividing time, typically by weeks, months, and years.

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