Question

13. To make a rational decision a person needs
A) Choices that don't have trade-offs
B) Choices that never change
C) Choices that are consistent with a similar goal every time
• D) Logical choices without error.​

Answer 1

Answer:

d Logical choices without error

Answer 2

Option C is the correct answer.

To make a rational decision a person needs Choices that are consistent with a similar goal every time

This is an assumption of rational choice theory. Choices that are consistent with a similar goal every time help in -

1. maximizing self interest
2. allowing to make a rational decision
3. efficient utilization of resources
4. minimize loss