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Author Question: Which of the following scenarios describes an action that is NOT rational from an economic point of view? (Read 55 times)

stephzh

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on: May 24, 2019
Which of the following scenarios describes an action that is NOT rational from an economic point of view?
◦ After drinking one martini (shaken, not stirred), James buys and drinks a second martini even though the marginal benefit of the second martini is lower than the marginal benefit of the first.
◦ Eric buys a replacement ticket to the basketball game after he realizes that he accidentally left his original ticket at home.
◦ Emily chooses to attend a social event on Tuesday night instead of studying even though she has an important exam on Wednesday morning.
◦ US Airways sells a last minute ticket to Don for $50 even though its average cost per passenger is $250.
◦ None of these
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by stephzh on May 24, 2019

14vl19

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stephzh

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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