Payton1750 Payton1750

10-01-2020
Business

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The rationality assumption as used in economicsA. is widely accepted by other social science disciplines as well.B. states that people respond to incentives.C. has been proven by experimental analysis.D. presumes that everyone can perform sound logical analysis at all times.

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ogundeyiolaide ogundeyiolaide

10-01-2020

Answer:

(D) presumes that everyone can perform sound logical analysis at all times

Explanation:

Economics assumes that everyone is rational and will always choose an option that yields the highest utility in all cases. This accounts for the term "the rational human being" in Economics.

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