An Economic Person does NOT

A) make rational decisions.
B) make decisions like the average consumer or manager.
C) use economic gain to evaluate the correctness of decisions.
D) have adequate information to make good decisions.
E) use logic in making decisions.

Economic Person

A concept in economics and sociology that describes an individual who acts in a rational manner, making decisions based on maximizing personal financial gain.

Rational Decisions

Choices made based on logical reasoning, where alternatives are objectively evaluated based on facts and a clear understanding of goals.

Economic Gain

The benefit or profit derived from engaging in economic activities or investments.