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The Fact That Most People Make Some Decisions Based on Intuition

Question 59

Multiple Choice

The fact that most people make some decisions based on intuition rather than calculation is:


A) irrational, because intuition is usually wrong.
B) consistent with the cost-benefit model because calculating costs and benefits is irrational.
C) consistent with the cost-benefit model because most people intuitively weigh costs and benefits.
D) inconsistent with the cost-benefit model, but still rational.

Correct Answer:

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