When People Make Decisions That Go Against Their Own Interests

question 292

Multiple Choice

When people make decisions that go against their own interests, neoclassical economics explains this to be instances where people are

• A)intentionally not maximizing their net benefit.
• B)ignorant of what their best interests are.
• C)simply incapable of making rational decisions.
• D)behaving quite rationally.

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Definitions:

Cranial Nerve

One of the twelve nerves that originate in the brain and supply sensory, motor, or autonomic functions to the head, neck, and in some cases, viscera.

Auscultation

The act of listening to the internal sounds of the body, typically using a stethoscope, as part of a physical examination.

Auscultating

The act of listening to the sounds made by internal organs, especially the heart and lungs, typically using a stethoscope.

Palpating

The technique of examining parts of the body by touch, especially to diagnose illness or ascertain the size, shape, and firmness of organs.