1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kipiarov [429]
3 years ago
5

Which of the following statements is a valid critique of rational choice theory?A. People will rarely choose the acceptable opti

on when they can choose an optimal option.B. People do not like to act predictably, even with perfect information.
C. Individual rationality is limited by the ability to conduct analysis.D. All of the above.
Business
1 answer:
ohaa [14]3 years ago
4 0

Answer:

B. People do not like to act predictably, even with perfect information.

Explanation:

Rational choice theory states that people tend to make logical calculations when they are trying to make choices. This is aimed at making sure that choices made are in line with their objectives.

The expectation is to provide the individual with greatest satisfaction.

Therefore people choose the optimal solution and not just the acceptable one.

The individual's ability to conduct analysis can limit their rationality.

However the statement that people do not act rationally even with perfect information is in conflict with the rational choice theory

You might be interested in
Which of the following groups on the Insert tab contain the command to add WordArt to a publication?
lisabon 2012 [21]

Answer: Text group

Explanation: The Wordart is used for text formatting in Microsoft Word.It enables the addition of different style formatting to a text such as adding a fill, color, shadow, outlines and so on to our text in other to make it look more attractive. The Wordart style is located in the text group of the insert tab menu. The Wordart pull down will be seen where one can choose between the plain or transform style galleries and perform the necessary text formatting.

4 0
2 years ago
Assume the economy is operating at full employment. If the economy enters a sudden economic expansion, the quantity of money ava
eduard

Answer:

the qquantity of money available in the economy will increase because there will be more foreign  investments plus now the economy will start exporting and will reduce its imports so the quantity of money will increase.

3 0
3 years ago
Read 2 more answers
What are the advantages of trimming of fruits ?write​
soldier1979 [14.2K]
Trimming helps to remove dead or weak branches, and as a result help new and healthy flowers and buds to grow.
6 0
2 years ago
What is dumping?
pychu [463]
Dumping is exporting goods at prices that are lower than their value.
4 0
3 years ago
Read 2 more answers
Lapping is best described as the process of________.
Mamont248 [21]

Answer:

b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.

Explanation:

  • Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
  • Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
  • Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
  • Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.

5 0
3 years ago
Other questions:
  • Gelb Company currently manufactures 43,000 units per year of a key component for its manufacturing process. Variable costs are $
    8·1 answer
  • Consider the following information for three stocks, Stock A, Stock B, and Stock C. The returns on each of the three stocks are
    8·1 answer
  • A company’s dividend policy refers to the manner in which a firm distributes its earnings to shareholders. Georia Industries Inc
    9·1 answer
  • The primary measure of a nation's level of development is its _____.
    8·1 answer
  • Greeson Corp. signed a three-month, zero-interest-bearing note on November 1, 2020 for the purchase of $500,000 of inventory. Th
    14·1 answer
  • Soccer's World Cup is promoted aggressively to both companies and fans. This is an example of marketing a(n) ________. A. event
    15·1 answer
  • What entry would make to adjust the manufacturing overhead account for overallocated or underallocated​ overhead?
    14·1 answer
  • When working with a group or a family, it is important to stress a. The importance of discussing about what goes on within the g
    5·1 answer
  • Who is Kavin Mitnick?​
    14·1 answer
  • The type of control system that only be succsseful in attining systrms' objective if we know with certinty the events that take
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!