One reason that consumers and businesses might not act rationally is
a. it is difficult to obtain enough information about the elasticities of demand and supply.
b. they may not realize their actions are inconsistent with their goals.
c. they do not always value fairness when they make choices.
d. consumer tastes change constantly.
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Home » Business » One reason that consumers and businesses might not act rationally is a. it is difficult to obtain enough information about the elasticities of demand and supply. b. they may not realize their actions are inconsistent with their goals. c.