Question

TRUE OR FALSE (answer only)

1. A person does not have full control over the results of her choices.

2. People make rational choices based on their goals and their choices govern their behavior.

3. The interest of a person define her worthiness.

4. Rational choice theory is an economic principle that states always make inadvisable and irrational decisions.

5. Self-Regarding Interest is an assumption act of individual in ways that would benefit them more.

6. If an economist wants to explain social change, he needs to look at the rational decisions of individuals that make up the whole.

7. Rational choice theory is the view that people behave as they do because they believe that performing their chosen actions has more cost than benefits.

8. Olson, identified intermediate group of individual as free ride and without causing any observable reduction in the supply of such good.

9. The optimality of decision if he/she expects that his/her interests and preference will be met to the best extent possible.

10. Rational individuals choose the alternative that is likely to give them the greatest satisfaction.​

Answer 1

Answer:

• T
• F
• F
• T
• T
• T
• F
• T
• T
• F

Explanation:

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Answer 2

Answer:

true

false

false

true

true

false

true

true

false

true