School Of Open Learning MBA ECONOMICS – A rational person who currently subscribes two magazines

A rational person who currently subscribes two magazines is trying to decide whether he should subscribe to a third. What should determine his decision? Answer ChoicesThe total cost of the three magazines compared to the total satisfaction the individual would receive.The total amount of satisfaction the person would get from the magazines.The additional cost of the third magazine compared to the additional benefit the person would get from the third magazine.The cost of the third magazine, including the time it takes to read it.

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