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People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?
Wiki User
∙ 9y ago
Subjective
Marlene Hackett
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Because subjective decisions are based on a persons unique values and beliefs economic decisions are based on what?
vary from person to person
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.
Why do kids make inpulsive decisions?
they make them because they are stupid.
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.
Why do decisions involve a trade off?
because averyone has to make sacrifices
People come to different decisions using cost-benefit analysis even under the same conditions because costs and benefits are both what?
Subjective
Why do you have different clothing for different seasons?
Because different seasons have different weather conditions, clothing is adapted to suit the conditions associated with each season.
How would you then justify the existence of well-paid financial analysts in all countries?
Analysts reduce the costs of risk by dessiminating information and analysis about the actual state of financial markets. When the state of the market has less viable information and is thus unknown, the 'game state' is Bayseian and inoptimal decisions are taken because peoples' incentive structure is different from the reality. In general, they will be more risk-averse and take safer decisions. With analysts, more information and analysis allows the true 'state' to become clear and thus optimal decisions to be attained.
Why is high biodiversity better?
because there are different weather conditions
Why is life different in different parts of the world?
Because different parts of the world offers different living conditions.
What happen when identical objects are dropped under different gravitational conditions?
when you drop an identical object in different gravitational conditions it will not have a similar acceleration because the gravity are different.
Should the national government have the power to veto decisions made by state governments?
No because if we don't have different governors' with different decisions one person could almost in one way be like king.
What is an ecological race?
An ecological race is a population of a species that differs genetically because of adaptation to different living conditions.
Why are classification and identification important?
Classification and identification are important in various fields such as biology, chemistry, and data analysis because they help organize and categorize information or objects based on their characteristics or properties. This allows for easier retrieval, comparison, and analysis of data. They are also crucial in studying relationships among different groups and making informed decisions based on the identified patterns.
Why are the results of an investigation sometimes different?
Because conditions my change or be changed.
The conditions for seed germination and plant growth are different Explain why?
because different plants have different germanation and growth times
Why are different crops grown in different regions?
Because of wide differences in the nature and quality of soil, and in weather conditions.
