Multiple Choice
A professor's students are not getting good grades because of lack of studying. A behavioral economist would say that one reason the students are not studying is that:
A) they prefer to hang out with friends and watch television and therefore are making an optimal choice.
B) the professor is not forcing the students to study for the tests.
C) the cost of studying (not being with friends) would have to be paid now, whereas the benefit (better grades) comes later.
D) we live in a society in which grades in college are not important.
Correct Answer:
Verified
Correct Answer:
Verified
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