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 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
Internet recruiting can limit the fairness in hiring because: a. individuals from lower socioeconomic groups mostly have limited access to the Internet. b. the use of terminology such as young and enthusiastic is restricted. c.
Answers (1)
Costs incurred regardless of the number of units of a product that are produced or sold are called: a. controllable costs. b. variable costs. c. fixed costs. d. mixed costs.
Answers (1)
Which tax system requires higher-income taxpayers to have lower tax rates, even though they pay a larger amount of tax when compared to lower-income taxpayers?
Answers (1)
Suppose that TipsNToes, Inc.'s capital structure features 40 percent equity, 60 percent debt, and that its before-tax cost of debt is 9 percent, while its cost of equity is 15 percent.
Answers (1)
For which account does the accounting principle state that we must debit the receiver and credit the giver? personal account real account nominal account asset account
Answers (1)
New Questions in Business
An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?
Answers (1)
A trigger strategy is a strategy that: A. is not relevant to oligopolies. B. determines when to enter an industry. C. depends on an opponent's past decisions. D. tells a business to leave the industry because the price is below the AVC.
Answers (1)
What is the effect on the supply curve for skateboards if the government implements a tax on the manufacturing process?
Answers (1)
Cost of goods sold is: an asset account. a revenue account. an expense account. a permanent equity account.
Answers (1)
Markup represents an amount needed to cover operating expenses. a. True b. False
Answers (1)