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question 6 of 14 what does the rational choice theory suggest about how individuals make decisions? select an answer from the options below. a they make decisions based on gut feelings and emotions. b they make decisions through rational calculations to maximize their self - interest. c they follow the actions and opinions of a group. d they make decisions based on mental shortcuts and cognitive biases. question 7 of 14 what term describes the tendency to follow the actions and decisions of a group? select an answer from the options below. a herd mentality b anchoring bias c mental accounting d rational choice theory
Rational choice theory posits that individuals use rational calculations to make decisions aimed at maximizing self - interest. The tendency to follow group actions and decisions is known as herd mentality.
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Question 6: B. They make decisions through rational calculations to maximize their self - interest.
Question 7: A. Herd mentality