Question: Consider a situation in which you have a preference about where you go to college: You want to be not too far away from home

Consider a situation in which you have a preference about where you go to college: You want to be not too far away from home and not too close. Why might this situation arise? Explain how this situation fits with rational decision-making behavior.

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The situation in which a college student has a preference for a college that is neither too far away from home nor too close can arise due to several ... View full answer

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