Imagine that a high school junior sold her old car at the end of the summer and now has the funds from the sale in her bank. She decides to purchase a much needed new automobile instead of saving that money to pay for her senior trip coming up next year. From an economist’s perspective, which of the following statements about this decision is likely to be true?a) The decision must have been made haphazardly and is therefore irrational.b) The decision is irrational because anyone can see that choosing a new automobile over a once in a lifetime senior trip is an improper use of scarce resources.c) The decision is rational in the sense that it reflects the junior's preference for a new automobile over a senior trip.

Respuesta :

C. is the correct answer. The high school student has the right to choose either the car or the trip, and she decided the car was more valuable.

c) The decision is rational in the sense that it reflects the junior's preference for a new automobile over a senior trip  statements about this decision is likely to be true.

What's a good car for a senior citizen?

Safety is a key concern for any driver, but especially for older adults, who tend to be more fragile and prone to injuries. The Insurance Institute for Highway Safety (IIHS) says that in 2020, the Kia Forte, Hyundai Sonata, Toyota Camry, Subaru Legacy, and Acura RDX are some of the safest cars to drive.

What is the most comfortable and reliable car?

The best of reliable cars, the 2021 Honda Accord

Starting at $24,770, the Accord offers a lot of tech and features for the price. Keep everyone cool with dual-zone climate control, and don't worry about long drives due to the solid fuel economy. The Accord is a comfortable car that isn't going to disappoint.

To learn more about safety driving, refer

https://brainly.com/question/24828526

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