A: Key concepts 1. An individual is observed throwing money into the sea. Is this behaviour consistent with the optimisation principle?

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter1: The Art And Science Of Economic Analysis
Section: Chapter Questions
Problem 2.3P
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Question 1

Section one-theory
A: Key concepts
1. An individual is observed throwing money into the sea. Is this behaviour consistent with the
optimisation principle?
Transcribed Image Text:Section one-theory A: Key concepts 1. An individual is observed throwing money into the sea. Is this behaviour consistent with the optimisation principle?
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