Question

what are the basic assumption of rational choice theory

Answer 1

Answer:

The key premise of rational choice theory is that people don't randomly select products off the shelf. Rather, they use a logical decision-making process that takes into account the costs and benefits of various options, weighing the options against each other.

Answer 2

ANSWER:

The key premise of rational choice theory is that people don't randomly select products off the shelf. Rather, they use a logical decision-making process that takes into account the costs and benefits of various options, weighing the options against each other