answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why are consumers behavior rational?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the essential elements of the basic competitive model?

rational, self interested consumers rational, profit maximizing firms competitive markets with price taking behavior


WHAT IS THE behavior and motivation guided by reasonable principles?

The behavior and motivation guided by reasonable principles generally involves acting in a rational, logical, and ethical manner. It involves making decisions based on sound reasoning, moral values, and fairness. People exhibiting this behavior are often seen as principled, trustworthy, and thoughtful in their actions.


Do all rational consumers think alike?

yes


Which action illustrates rational behavior?

Rational behavior is a process based on making decisions that result in the most benefit for the individual. An executive at a company retiring early illustrates this best.


What has the author Patrick H McAllister written?

Patrick H. McAllister has written: 'Rational behavior and rational expectations'


Who developed rational-emotive behavior therapy?

Albert Ellis


Which behavior do all consumers share?

Greed. Definitely.


What behavior do all consumers share?

buying stuff :( :( :(


What does rational-emotive behavior therapy do?

REBT focuses on helping patients discover these irrational beliefs that guide their behavior and replace them with rational beliefs and thoughts in order to relieve their emotional distress.


Which statements about rational emotive behavior therapy is false?

it does not use humor


The role of the client in rational emotive behavior therapy is like that of a?

collaborator in identifying and challenging irrational beliefs and cognitive distortions that are causing emotional distress. Through active participation in therapy, the client learns to change their thought patterns to achieve more rational and adaptive responses to life stressors.


What do you mean by consumers behavior give its importance in economics?

what do you mean by consumer;s behavior give its importance in ecomonics