Which of the following people would not be considered rational, according to the definition used in economics? Person A: Evelyn wants to make the most money possible. She hears that some of the top-earning degrees are engineering and business, so she majors in engineering. Person B: Fiona is addicted to meth, so she asks people in the neighborhood where to get some for a cheap price, and that's where she goes to buy it. Person C: The pain caused by Joe's lung problems is outweighed by the pleasure he gets from each additional cigarette he smokes. Therefore, Joe keeps smoking.
Which of the following people would not be considered rational, according to the definition used in economics? Person A: Evelyn wants to make the most money possible. She hears that some of the top-earning degrees are engineering and business, so she majors in engineering. Person B: Fiona is addicted to meth, so she asks people in the neighborhood where to get some for a cheap price, and that's where she goes to buy it. Person C: The pain caused by Joe's lung problems is outweighed by the pleasure he gets from each additional cigarette he smokes. Therefore, Joe keeps smoking.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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