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Sublight2097 Sublight2097
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8 years ago
In a typical college classroom without a seating chart, dozens of students nevertheless occupy classroom seats with a minimum of confusion and disorder. Economics explains the orderly process of seat selection by assuming students
A) engage in entirely random decisions, from which only divine intervention can generate order in the classroom.
B) follow a simple, perhaps even unwritten, rule, such as "seats belong to the person who first occupies them."
C) know all the consequences of their actions, and thus purposefully create an orderly classroom seating assignment even if the professor doesn't require one.
D) trick question: economics cannot deduce any sensible scientific claims about the behavior of college students.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
Happy to assist!
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