The notion of "purposeful behavior" in the economic perspective suggests that
A) people will tend to stick with a particular choice for a long period of time.
B) economic analysis will provide people with a single "right" way to behave.
C) economists do not believe that people can sometimes behave impulsively.
D) one person's choice may differ from another's if their circumstances and information differ.

Question

Quizplus · Accepted Answer

Purposeful behavior in economics suggests that choices and actions are made with a particular purpose in mind, and that people will make different choices based on their unique circumstances and available information. This implies that there is no single "right" way to behave, and that people can sometimes behave impulsively. Therefore, the best answer is D - one person's choice may differ from another's if their circumstances and information differ.

The Notion of "Purposeful Behavior" in the Economic Perspective Suggests