When looking back on past choices, some people feel they should have exercised more and eaten less. The fact that they could not make that choice at that point in time is an example of less than optimal choices resulting from the:
A. fact that the benefits and costs of choices are separated by time.
B. complicated nature of the choice.
C. market system within which we make choices.
D. fact that we don't make food and exercise choices very frequently. D. market system within which we make choices.
Answer: A
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Indicate whether the statement is true or false
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An oligopoly will always use game theory to maximize sales rather than profits
a. True b. False Indicate whether the statement is true or false
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