Which of the Following Statements Is True

question 94

Multiple Choice

Which of the following statements is true?

• A) Rational economic agents maximize more than just monetary income.
• B) An individual does not require information to make optimal decisions.
• C) The principle of optimization is only accurate when it comes to making monetary decisions.
• D) It is not necessary to consider the risks of alternatives while making an optimal decision.

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Definitions:

Objective

A goal or aim that is based on factual criteria, often measurable and unbiased.

Virtual Research

Studies and investigations conducted through digital means, utilizing online resources, methods, and platforms.

Faster Responses

The ability to react or reply more quickly to stimuli or questions.

Web

A system of interconnected hypertext documents accessed via the Internet.