Economists make predictions about individual behavior based on the assumption that people exploit opportunities to make themselves better off. the fact that different individuals make different choices when confronted with the same situation implies that this assumption is often violated.
true or false?

Adescription of at least one real life problem that has to be solved or decision that has to be made using good judgment, and obstacles encountered while making the decision(s) or solving the problem(s) (again, these can be real examples or imagined, but they should clearly illustrate your understanding of the obstacles described.) at least three key terms from the lesson used in your example(s):