Which action illustrates rational behavior?
making a decision after logically thinking about the choices
doing the first action that comes to mind
making a decision without thinking about the consequences
choosing the option with the greatest costs and the least benefits
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which action illustrates rational behavior? making a decision after logically thinking about the choices doing the first action that comes ...” 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
What characteristics of weak noncovalent interactions enable the assembly, stability, and functions of biomolecules?
Answers (1)
Constant returns to scale occur when the firm's long-run a. total costs are constant as output increases. b. average total costs are constant as output increases. c. average cost curve is falling as output increases. d.
Answers (1)
A strong employer-employee relationship is central to: A. achieving a corporation's goals of economic production. B. satisfying the wishes of those who contribute their skills and talents to the company. C.
Answers (1)
Pisa Pizza, a seller of frozen pizza, is considering introducting a healthier version of its pizza that will be low in cholesterol and contain no trans fats. The firm expects that sales of new pizza will be $20 million per year.
Answers (1)
Match the items below to show the risks, benefits, and powers of stockholders. A. Risk of being a stockholder B. The benefit of being a stockholder C.
Answers (1)
New Questions in Business
What is the effect of import restrictions on prices? a. they cause prices to drop. b. they cause prices to rise. c. they often cause prices to rise steeply and then drop. d. they usually do not have any lasting effect on price?
Answers (1)
Joan is a manufacturing engineer who works on a new product development team along with members from design, engineering, production, purchasing, finance, marketing, and quality assurance.
Answers (2)
Which are costs subtracted from in calculating profit? revenue wages overhead debt
Answers (1)
What type of mortgage has set payments for the life of the loan? A: Varying-rate mortgage B: Fixed-rate mortgage C: Adjustable-rate mortgage D: Index-rate mortgage
Answers (1)
Rose is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she discovers the following standard deviations of one year of daily stock closing prices. Eye Remember Enterprises: 1.
Answers (1)