Making an economically rational decision requires
Select one:
a. considering the prospective benefits and costs to oneself.
b. always considering the long-run.
c. avoiding opportunity cost.
d. equal consideration for your own and others' welfare.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Making an economically rational decision requires Select one: a. considering the prospective benefits and costs to oneself. b. always ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How many grams are in ten pounds?
Answers (2)
An agreement in which a seller agrees to sell and a buyer agrees to buy all or up to a stated amount of what the seller produces is called a (n) :
Answers (1)
Vnich of the following a Morales ik rom diving area Which of the following is NOT a likely risk from driving in rural areas? A. Distracting billboards B. Unpaved, poorly maintained roads C. Wildlife or livestock crossing roads D.
Answers (1)
Sheldon Company began 2016 with $1,200 in its supplies account. During the year, the company purchased $3,400 of supplies on account. The company paid $3,000 on accounts payable by year-end.
Answers (1)
When choosing where to invest your savings, you should consider: a. minimum length of investment. c. minimum investment amount. b. safety of the investment. d. all of the above factors.
Answers (1)
New Questions in Business
What is a progressive income tax? a. Tax rate remains the same regardless of income. c. the average tax rate goes up when income goes up. b. The average tax rate goes down when income goes up. d. A tax that is measured at the margin.
Answers (2)
In the market for used cars, the demand and supply equations are given by qd = 12,000 - 0.4p and qs = 0.1p + 5,000, where p is the price per car and q measures the quantity of cars. what happens at a price floor of $20,000?
Answers (1)
2. Winners and losers from free trade Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic price of meekers is $40. Suppose that the world price of meekers is $39.
Answers (1)
An economic system: A. requires a grouping of private markets linked to one another. B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem. C.
Answers (1)
Grading at a site refers to A) evaluating the existing subsurface conditions of a site. B) evaluating the groundwater conditions at a site. C) compacting the soil to required density. D) None of these.
Answers (1)