Which of the Following Is a TRUE Statement About the Economic

question 50

Multiple Choice

Which of the following is a TRUE statement about the economic assumption of rationality?

• A) Individuals who are rational necessarily ignore the interests of others.
• B) Individuals generally act as though they are rational.
• C) Individual behavior may be irrational but group behavior is always rational.
• D) People make decisions as if they are most selfish in the world.

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