A rational consumer, does not

ECONOMICS
POST UTME OAU

A rational consumer, does not

  • A) think marginally
  • B) intentionally make himself or herself worse off
  • C) try to maximize net benefit from consuming goods and services
  • D) ever consume the wrong amount

Correct Answer: B) intentionally make himself or herself worse off

Explanation

This Economics question is asking about the behavior of a rational consumer. A rational consumer is someone who makes decisions based on careful consideration of costs and benefits. The question is asking which of the given options is not true of a rational consumer.

Option A suggests that a rational consumer thinks marginally. This means that they make decisions based on small changes to costs or benefits. This is actually a true statement of a rational consumer, so Option A is not the correct answer.

Option B suggests that a rational consumer intentionally makes themselves worse off. This is not true of a rational consumer, as they always try to make choices that benefit them. Therefore, Option B is the correct answer.

Option C suggests that a rational consumer tries to maximize net benefit from consuming goods and services. This is true of a rational consumer, as they always try to make choices that will maximize their satisfaction or utility.

Option D suggests that a rational consumer ever consumes the wrong amount. This is not necessarily true, as a rational consumer will always make choices based on careful consideration of costs and benefits. However, it is possible that they may make an imperfect choice due to incomplete information or unexpected circumstances.

In summary, the correct answer to this question is Option B: a rational consumer does not intentionally make themselves worse off.



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