As a concept once considered for a foundation of economic

[BTGmoderatorDC]

As a concept once considered for a foundation of economic theory, the rational actor model may soon go the way of the Model T as psychologists have provided more detailed information describing the emotional, familial, and historical factors that affect individual behavior in the marketplace.


A. As a concept once considered for a foundation of economic theory, the rational actor model may soon go the way of the Model T as psychologists have provided more detailed information describing the emotional, familial, and historical factors that affect individual behavior in the marketplace.

B. The rational actor model, a concept long considered the cornerstone of economic theory, may soon go the way of the Model T as psychologists are providing more detailed information about the emotional, family influence, and history that affect individual behavior in the marketplace.

C. A concept long considered the cornerstone of economic theory, the rational actor model, may soon go the way of the Model T for psychologists who provide more detailed information describing the emotional, family influence, and historical factors that affect individual behavior in the marketplace.

D. A concept long considered to be the cornerstone of economic theory, the rational actor model, is soon to be going the way of the Model T for psychologists who are providing more detailed information about the emotional, family influence, and historical factors that affect individual behavior in the marketplace.

E. The rational actor model, a concept long considered the cornerstone of economic theory, may soon go the way of the Model T as psychologists provide more detailed information describing the emotional, familial, and historical factors that affect individual behavior in the marketplace

OA E

Source: Princeton Review

[deloitte247]

The answer to this question has to be one of the options listed below but we have to pay attention to the logic behind the article.

Option A - Incorrect
This assertion seeks to prove that the concept by the designer of the theory has provided the information required already. N.B. emphasis on provided because it's in past tense. It's inconsistent with the model described by the author in that it's supposed to be a continuous process. "Provide" would have been more appropriate here .
Option B - Incorrect
Here, some details are missing. We need to hihglight that talking "about" the factors isn't the same as describing the way they affect the output in general.

Option C - Incorrect
The meaning of the statement is different to the desired one in this option. Here, the model are been prescribed. "For" psycologists as against the psycologists modelling theories. The difference is in who is responsible for the modelling.

Option D- Incorrect
The statement is about the psycologist who seems to be winning the model battle as against originally what they aim to provide us with in detailed information about economic theory.

Option E - correct
It has been emphasized that here the description given to the models seems to be going the way of "model T" as being advanced by the "psycologists". It is also grammatically consistent with the author's intention.