Trade-offs
making choices means sacrificing some alternatives.what i think about the alternatives forgone is the advantages of the second best altenative,time and the demerits of what is chosen.
Making a choice by comparing total benefit to total cost.
Evaluation of alternatives
Rational choice
In economics, the value of a forgone choice is called an "opportunity cost" because it represents a potential value that is lost, at least initially.There are several adjectives for things not chosen, including alternative, bypassed, forgone, deferred, or unpicked.
decision making
Making a choice means selecting one option from several possibilities. It involves considering the available alternatives and making a decision based on one's preferences, values, and circumstances.
A Decision-making grid.
making choices means sacrificing some alternatives.what i think about the alternatives forgone is the advantages of the second best altenative,time and the demerits of what is chosen.
When you don't know even about what is problem; its alternatives and final results, and you made an answer then it is called Ambiguity decision making.
What is meant by decision making is someone making a choice. Options are given that pertain to a certain situation and a decision or choice is made. An example would be the decision to make chicken or meatloaf for dinner.
An example of an action that is part of making a rational choice is gathering information and evaluating the available alternatives before making a decision. This involves considering the potential outcomes, weighing the pros and cons of each option, and selecting the option that aligns best with your goals and preferences.
We could use their alternatives. The alternatives are HCFC's.
Making a decision at the margin is possible only in situations when the available alternatives can be divided into increments.
If a story talks about someone making a choice, and then shows the price of that choice in the story, the reader can infer that choices have consequences (prices).
The process of ethical decision making starts with recognizing that an ethical problem exists. Important questions include asking if someone is damaged by the situation and rather their is a good choice and a bad choice.
Down alternatives are made with the material brushed microfiber. Brushed microfiber is a very common and reliable material used when making down alternatives.