xam #$4($Fall $2024)$

Question $7$ of $26$

According to behavioral economics, consumers

A$.$ do not always behave rationally because they fail to ignore sunk costs.

B$.$ always behave rationally because they are overly optimistic about their future behavior.

C$.$ always behave rationally because they account for sunk costs.

D$.$ always behave rationally because they take into account monetary costs and nonmonetary opportunity costs.

E$.$ do not always behave rationally because they take into account nonmonetary opportunity costs.