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Business, 26.03.2020 23:55 michaelwthms

Please label each scenario below as to whether or not the person is acting rationally, making choices leading to the outcome they desire most. Steven's family is at a Korean restaurant. He orders some spicy barbeque pork, but it tastes terrible. They can't get a refund or replacement, so he leaves it uneaten. His parents are dismayed, as this is a better meal than they ever had growing up, but he sees no point in suffering more than he has. Steven is... Jacklyn obtains her first credit card. Since she sees its balance separate from her checking account, she spends $10,000 on designer clothes she can't really afford. She figures it's alright since she doesn't have to pay it until later. Jacklyn is... Brian's economics professor assigns online homework due at 11:55 PM. Although Brian cares about the grade more than anything else going on, he doesn't begin the assignment until 11 PM, even though previous ones took two hours. He doesn't expect this one to be any easier but figures if he's just more focused this time he'll finish with time to spare. Brian is...

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Please label each scenario below as to whether or not the person is acting rationally, making choice...
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