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.

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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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.
Person D: Gene estimates the marginal cost of doing some extra work to be $10 and its marginal
benefit to be $20. so he takes the job.
ilu
Person D
None of the above- ALL of these people are acting rationally by economic standards.
Person A
O Person B
Person C
Transcribed Image Text: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. Person D: Gene estimates the marginal cost of doing some extra work to be $10 and its marginal benefit to be $20. so he takes the job. ilu Person D None of the above- ALL of these people are acting rationally by economic standards. Person A O Person B Person C
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