In his plan to find a sea route to Asia in 1492, Columbus made a terrible mistake in his calculations. a. What was his mistake? b. According to the economic definition of "rational," was Columbus "rational" in pursuing this plan? Why or why not?
In his plan to find a sea route to Asia in 1492, Columbus made a terrible mistake in his calculations. a. What was his mistake? b. According to the economic definition of "rational," was Columbus "rational" in pursuing this plan? Why or why not?
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Transcribed Image Text:In his plan to find a sea route to Asia in 1492, Columbus made a terrible
mistake in his calculations.
a. What was his mistake?
b. According to the economic definition of "rational," was Columbus "rational"
in pursuing this plan? Why or why not?
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