One of the key ingredients in making rational choices is access to
A) sufficient funds.
B) information.
C) foreign markets.
D) a university psychology department.

Question

Quizplus · Accepted Answer

Access to information is crucial in making rational choices because it allows individuals to weigh the potential costs and benefits of each option before making a decision. Without access to relevant information, individuals are more likely to make impulsively or uninformed choices. Sufficient funds, foreign markets, and a university psychology department may all be helpful in certain circumstances, but they are not as essential as access to information for making rational choices in general.

One of the Key Ingredients in Making Rational Choices Is