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Because subjective decisions are based on a persons unique values and beliefs economic decisions are based on what?
Wiki User
∙ 10y ago
vary from person to person
Wiki User
∙ 10y ago
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Because subjective decisions are based on a person's unique values and beliefs economic decisions they will what?
vary from person to personVary from one person to another.
Because subjective decisions are based on a person's unique values and beliefs economic decisions .?
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
Economic decisions based on customs or beliefs are found in a?
Market economy
Because costs and benefits are both subjective a person decision will always be based on what?
his or her values and beliefs
In which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
Because subjective decisions are based on a person's unique values and beliefs economic decisions they will what?
vary from person to personVary from one person to another.
Because subjective decisions are based on a person's unique values and beliefs economic decisions .?
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
Economic decisions based on customs or beliefs are found in a?
Market economy
Conclusions drawn from personal beliefs are?
Subjective
Because costs and benefits are both subjective a person decision will always be based on what?
his or her values and beliefs
Which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
In which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?
Traditional
What is subjective responsibility?
Subjective responsibility refers to a person's individual sense of duty or obligation to act in a certain way. It is shaped by personal beliefs, values, and understanding of right and wrong rather than external factors. This type of responsibility focuses on the internal motivations and intentions behind actions.
What is the importance from differentiating fact from opinion when reviewing data?
Differentiating fact from opinion is crucial when reviewing data because it helps ensure that decisions are based on objective information rather than personal biases or subjective beliefs. It allows for more accurate analysis and interpretation of the data, leading to more informed decision-making and better outcomes.
How did David potter see American capitalism economic beliefs and basic social goods?
As a combination of economic beliefs and basic social goods.
What is factual beliefs?
Factual beliefs are beliefs that are based on objective reality or verifiable information. These beliefs are supported by evidence, facts, or data and can be tested or proven to be true or false. They are different from subjective beliefs, which are based on personal opinions, feelings, or interpretations.
How does your beliefs effect decision making?
it can affect our decisions wether it is right or wrong because of that superstitious belief we can now rely in our daily decision.
