When Gabriel made a rational choice to spend his entire allowance on candy bars,he did so by comparing the
A) benefits of the candy bars to the desires he had for the candy bars.
B) marginal benefits of the candy bars to the marginal costs of the candy bars.
C) opportunity costs of the candy bars to the scarcity of the candy bars.
D) benefits of the candy bars to the scarcity candy bars.
E) self-interest to the social interest.

Question

Quizplus · Accepted Answer

Gabriel made a rational choice by comparing the marginal benefits of the candy bars (the additional satisfaction he gets from consuming each additional candy bar) to the marginal cost of the candy bars (the cost of each additional candy bar). By doing so, he determined that the additional satisfaction he gains from consuming each additional candy bar is greater than the cost of each additional candy bar, and therefore he decided to spend his entire allowance on candy bars.

When Gabriel Made a Rational Choice to Spend His Entire