Question

True or False and explain the answer: A heroin addict is not rational because the consumption...

True or False and explain the answer:

A heroin addict is not rational because the consumption of heroin harms the user.

Homework Answers

Answer #1

False.

A heroin addict is not rational because he aims to fulfill his desire and not take decisions after considering overall benefits. A rational Consumer is one who makes rational consumption decisions. A rational Consumer is a person who uses reason as an important tool for making decisions that will maximize his utility and satisfaction after considering all the alternative options. This is not possible in the case of an heroin addict as he may take decisions while he is affected by the effects of the heroin that may not lead to his benefits.

NOTE: I HOPE YOU WILL BE SATISFIED WITH MY ANSWER PLEASE DO PROVIDE RATING. THANK YOU AND HAVE A NICE DAY. :))

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
True or False ? √(523201952320195232019523201952320195232019) is rational
True or False ? √(523201952320195232019523201952320195232019) is rational
For the following, please answer "True" or "False" and explain why. Because demand curves slope downward...
For the following, please answer "True" or "False" and explain why. Because demand curves slope downward according to the Law of Demand, the price elasticity of demand is a negative number.
1. (True/False. Explain) A consumer will require compensation for deferring her/his consumption.   2. (True/False. Explain) The...
1. (True/False. Explain) A consumer will require compensation for deferring her/his consumption.   2. (True/False. Explain) The more free cash flow (FCF) a firm generates, the higher the agency problem is. 3. If you are facing a choice between a federal bond and a municipal offering same yields and risks, which one would you choose? Why?
Answer “true” or “False” and explain. Your answer should start with “true” or “false. your answer...
Answer “true” or “False” and explain. Your answer should start with “true” or “false. your answer should be based on the graphical analysis (supply and demand diagrams). a) When unions play a decisive role in the labor market, the dead-weight loss of payroll tax is high, and the revenue generated by the tax is small b)A good time to increase the federal minimum wage is when the economy is going into recession c)  Technological innovation benefits society because it increases the...
Answer true,false,or uncertain.Please briefly explain your answer. a) —the unemployment rate is decreasing,employment is increasing. Answer...
Answer true,false,or uncertain.Please briefly explain your answer. a) —the unemployment rate is decreasing,employment is increasing. Answer true,false,or uncertain.Please briefly explain your answer. b) Consider a standard Keynesian model but with two types of consumers,Type A who have low marginal propensities to consume and Type B who have high marginal propensities to consume. —An economy with relatively more Type A consumers is more vulnerable to a negative shock to investment demand. Answer true,false,or uncertain. Please briefly explain your answer. c) Consider...
True, False or Uncertain: Explain If spouses are complements in consumption of household commodities, then a...
True, False or Uncertain: Explain If spouses are complements in consumption of household commodities, then a wife’s choosing to increase her leisure time will cause her husband’s leisure time to decrease.
State whether true or false and explain: (a) The Keynesian consumption function predicts that the average...
State whether true or false and explain: (a) The Keynesian consumption function predicts that the average propensity to consume rises as income increases. (b) Labour-market reforms that reduce frictions in search and matching will lower the natural rate of unemployment.
(a) True/False. A binary random variable is a categorical variable. Explain the answer thoroughly. (b) True/False....
(a) True/False. A binary random variable is a categorical variable. Explain the answer thoroughly. (b) True/False. A parameter is a numerical value that summarizes the observed results. Explain the answer thoroughly.  
Indicate whether the following is true or false. If the answer is false, explain why. 1....
Indicate whether the following is true or false. If the answer is false, explain why. 1. Purchases and sales of securities are never reported as investing activities in a statement of cash flows. TRUE or FALSE 2. Purchases and sales of securities are always reported as financing activiies in a statement of cash flows. TRUE or FALSE
1. Decide whether each statement is true or false. Prove your answer (i.e. prove that it...
1. Decide whether each statement is true or false. Prove your answer (i.e. prove that it is true or prove that it is false.) (a) There exists a nonzero integer α such that α · β is an integer for every rational number β. (b) For every rational number β, there exists a nonzero integer α such that α · β is an integer.