A Perfectly Rational Decision Maker Would __________

question 46

Multiple Choice

A perfectly rational decision maker would __________.

• A) have changing preferences
• B) not consider profit maximization as an objective
• C) offer inconsistent decisions
• D) be objective and logical
• E) have to overcome time and cost constraints

---

Definitions:

Bonds

Financial instruments representing a loan made by an investor to a borrower, often a corporation or government, which pays interest over time and returns the principal at maturity.

Atoms

The smallest constituent unit of ordinary matter that has the properties of a chemical element.

Chemical Reaction

A change in the bonds between the atoms of different chemical elements or compounds.

Crankshaft

The shaft to which the pistons’ connecting rods are attached and through which power is transmitted from the engine to the transmission and ultimately to the drive wheels.