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Author Question: Economists assume people behave rationally, which means that people A) never make a mistake. B) ... (Read 130 times)

RRMR

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Economists assume people behave rationally, which means that people
 
  A) never make a mistake.
  B) do not intentionally make decisions that make themselves worse off.
  C) have the necessary information to always make correct decisions.
  D) always understand the consequences of their decisions.

Question 2

If price increases and the quantity purchased increases, we know that
 
  A) supply increased.
  B) supply decreased.
  C) demand increased.
  D) demand decreased.



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kescobar@64

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Answer to Question 1

B

Answer to Question 2

C




RRMR

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Reply 2 on: Jun 29, 2018
:D TYSM


chjcharjto14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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