The _____ theory is the classical view that we make decisions by determining how likely something is to happen,judging the value of the outcome,and then multiplying the two.
A)exemplar
B)rational choice
C)prototype
D)prospect

Question

Quizplus · Accepted Answer

The rational choice theory is based on the idea that individuals make decisions by calculating the potential outcomes and assigning a value or utility to each option. They then assess the probability of each outcome occurring and weigh the potential benefits and drawbacks of each choice. This theory is often used in economics, political science, and other social sciences to explain how individuals make decisions based on self-interest and logical reasoning.

The _____ Theory Is the Classical View That We Make