Question

Doris, a burglar who breaks into houses, decides to break into the house at 265 Elm Street, rather than the house next door because the house next door has a sign in the yard that says "home protected by a security system." To an economist, Doris is ______.
a. making an irrational choice.
b. making a rational choice.
c. not fully considering the personal costs and benefits of her decision.
d. not responding to the incentives she faces.

Answer 1

Answer:

b. making a rational choice.

Explanation:

Rational choice in this case falls under the rational choice theory or action theory in economics. This theory holds that individuals make rational calculations to achieve the best possible outcomes based on their personal objectives. These choices or decisions will according to this person provide him the highest benefit or satisfaction considering choices available.