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 $20. If you choose to use the $20 to go to the football game, your opportunity cost of going to the game is
a. nothing because you found the money.
(b) $20(because you could have used the $20 to buy other things).
c. $20(because you could have used the $20 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
A rational person does not act unless a . the

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