2816EconomicsMedium
Which of the following is not true about how people make decisions?
APeople are reluctant to change their minds in the face of new information
BPeople are always rational maximizers
Cpeople give too much weight to a small number of vivid observations
DAll of these answers are actually true statements about how people make decisions.
EPeople are sometimes too sure of their own abilities
Correct answer
B. People are always rational maximizers
Explanation
The correct answer is People are always rational maximizers.