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Given the same choices, people make different decisions. This is because people have _____ . individual preferences the same tastes equal marginal benefits

User Bjarne
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2 Answers

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I'm guessing the options are "individual preferences", "the same tastes" and "equal marginal benefits". If so it should be the first option.

User Prutswonder
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The correct answer is:

Individual preferences.

Individual preference is the systemization of options based on their comparative utility, that provides a choice.

According to economics and social science, individual preferences are defined only by taste determinants. They are not affected by prices, income, or availability of goods.

User Bhargav Jhaveri
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