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Economics - Financial Markets 14 Online
OpenStudy (anonymous):

Which of the following statements is true of the economic choices that consumers make a different people like different economic choices the economic choices are rational c all human decisions are identical D most people make very similar economic decisions

OpenStudy (butterflydreamer):

You can think of it like this... Does every person living in the world have the same amount of money available for them to spend? Does everyone purchase the same things for entertainment? The rich, obviously have more money to spend so they would be able to purchase more luxurious items in comparison to other people who may work lower paying jobs and have less money to spend so they would try to save and probably budget because they have to make smarter economic decisions. So can you see that different people will make different economic choices?

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