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24 November, 15:12

When a person makes a choice that is close to but not exactly the one that leads to the best possible economic outcome, he or she is:

a. usually ignoring opportunity costs.

b. making an irrational decision.

c. operating with bounded rationality.

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  1. 24 November, 15:19
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    A. Usually ignoring opportunity costs

    Explanation:

    Opportunity cost is the next best alternative foregone. It is what you have to forgo in order to get a better goods
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