Question: A rational person does not act unless a . the action makes money for the person. b . the action is ethical. c . the
A rational person does not act unless
a the action makes money for the person.
b the action is ethical.
c the action produces marginal costs that exceed marginal benefits.
d the action produces marginal benefits that exceed marginal costs.
e None of the above is true.
Suppose you find $ If you choose to use the $ to go to the football game, your opportunity cost of going to the game is
a nothing because you found the money.
b $because you could have used the $ to buy other things
c $because you could have used the $ to buy other things plus the value of your time spent at the game.
d none of the above.
Raising taxes and increasing welfare payments
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