Question

When a person makes a choice that is close to but not exactly the one that leads to the best possible economic outcome, he or she is:

a. usually ignoring opportunity costs.
b. making an irrational decision.
c. operating with bounded rationality.

Answer 1

A. Usually ignoring opportunity costs

Step-by-step explanation:

Opportunity cost is the next best alternative foregone. It is what you have to forgo in order to get a better goods