Economists assume that rational people never use all available information as they act to achieve their goals. only weigh the benefits and costs of the most desirable alternative actions. undertake activities that benefit others and hurt themselves. respond to economic incentives.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Economists assume that rational people never use all available information as they act to achieve their goals. only weigh the benefits and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What year was intel added to djia
Answers (1)
One of the core problems that created the financial meltdown of 2008 was that large loans were made to individuals who could not repay them, and the finance companies purchased these bad debts without realizing how poor the prospects of repayment
Answers (2)
Malcolm was involved in an auto accident. He was judged to be 20% at fault in the accident and the other party was judged to be 80% at fault. Malcolm's actual damages were $40,000.
Answers (2)
During 2014, Raines Umbrella Corp. had sales of $790,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $85,000, and $190,000, respectively.
Answers (1)
To encourage borrowers to accept adjustable rate mortgages (ARMs) rather than level-payment mortgages, mortgage originators generally offer an initial short-term introductory rate that is less than the prevailing market mortgage rate.
Answers (1)
New Questions in Business
A parcel delivery company delivered 103,225 packages last year, when its average employment was 85 drivers. This year the firm handled 112,260 deliveries with 92 drivers.
Answers (1)
Currency is? A. an adjective for current economic news B. Stocks and bonds C. paper bills and coins D. government-issued bank checks.
Answers (1)
An adjustment for Prepaid Rent would indicate the amount a. originally paid. b. expired. c. on hand. d. of the trial balance.
Answers (1)
What are the benefits of doing business in other countries?
Answers (1)
At allen and thomas architects, a group of designers are developing the first drawings for a proposed multiuse office development in an older section of a large city that is being revitalized. what type of work team is this group?
Answers (1)