0
When making a decision about whether or not to build a dam you are considering an economic value when you?
Wiki User
∙ 15y ago
a. Will the dam provide new leisure activities? b. How many jobs will building the dam generate? c. Will building the dam destroy Natural Resources? d. Is it right to build a dam here?
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What are the economic tools of managerial decision making?
what are the economic tool which help manager in decision making
Role of managerial economic in decision making?
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
What are examples of economic decision making?
Whenever someone shops they are making economic decisions. Determining how much you can comfortably afford for a house or a car is an example of economic decision making. Waiting to buy something until it goes on sale is also an example of this type of decision making.
How does accounting help in economic decision making?
Balance of payment
When a decision is made what two things is a decision maker considering?
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
which term describes the process of making an economic decision by considering both the advantages and the problems that might arise from the decision?
Cost-benefits analysis
What are the economic tools of managerial decision making?
what are the economic tool which help manager in decision making
Role of managerial economic in decision making?
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
What are examples of economic decision making?
Whenever someone shops they are making economic decisions. Determining how much you can comfortably afford for a house or a car is an example of economic decision making. Waiting to buy something until it goes on sale is also an example of this type of decision making.
How does accounting help in economic decision making?
Balance of payment
What has the author Shelly Lundberg written?
Shelly Lundberg has written: 'Efficiency in marriage' -- subject(s): Decision making, Economic aspects, Economic aspects of Decision making, Economic aspects of Family, Economic aspects of Marriage, Family, Marriage, Resource allocation
When a decision is made what two things is a decision maker considering?
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
When is the most appropriate time to conduct the evaluation step of decision-making?
When you are considering your options
Considering the potential impact on others prior to making a decision is consistent?
ethical behavior
To arrive at an economic decision a decision making grid may be used to evaluate?
Alternative choices of action.
How can you use economic decision-making in a sentence?
Make your own decions
What is buying decision process?
Buying decision process regards the period between considering whether to buy something up until the time one pays for it. During this process, a person considers the benefits of the product and the financial effect making the purchase will have on their finances.
