Question

What occurs when people make economic decisions in which the costs exceed the benefits?(1 point) Responses They are losing the benefits of negative externalities. They are losing the benefits of negative externalities. They are taking advantage of opportunity costs. They are taking advantage of opportunity costs. They are using their time and resources efficiently. They are using their time and resources efficiently. They are making irrational economic decisions.

Answer 1

The correct answer is: They are making irrational economic decisions.