A Rational Decision Maker Will Make a Change Only If

question 76

Multiple Choice

A rational decision maker will make a change only if:

• A) the marginal benefit from the change exceeds the average benefit from the change.
• B) there are no costs involved.
• C) the change increases social welfare.
• D) there is no uncertainty about the results of the change.
• E) the expected marginal benefit exceeds the expected marginal cost.

Distinguish between various forms of theft, including robbery and burglary.

Recognize the scope of the Fourth Amendment protections for businesses.

Comprehend the concepts related to mail and healthcare fraud.

Understand the legal consequences of repeated trials and double jeopardy.