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Select the items below that descive rational behavior in economics?
It is a key assumption used in the study of economics and the choices that people make in pursuit of satisfaction.
What are the common optimization problems in economics and how do they impact decision-making processes?
Common optimization problems in economics include maximizing profit, minimizing costs, and optimizing resource allocation. These problems impact decision-making processes by helping businesses and policymakers make informed choices to achieve their goals efficiently and effectively. By solving these optimization problems, decision-makers can identify the best strategies to achieve desired outcomes while considering constraints and trade-offs.
Why are capitalism and communism consider as polar opposites?
Communism work on the justice behind the assumption that the earths resources are the property of all the people and and that the bounty of this should be shared by all. Capitalism works on the assumption that that the earths resources can be monopolised by an exclusive group of people and be distributed by them for reward to those that require them to make a living. The problem with Communism is that some people are more productive then others causing hard feelings among the more productive people. the problem with capitalism is that the people in charge need no more then the privileged position that was left to hem by wealthy parents or benefactors. in both systems greed and corruption rears supreme in the end.
What are the advantages and disadvantages of product concept?
advantages; 1) consumers favour products that offer the most quality 2) assumption that well made products will win admiration of consumers 3)assumption that quality products sell without much persuation
What is the future tense of What do people make in a factory?
"What will people make in a factory?"
What treatment should you give to victom for a vampire attack?
Why must you people make that initial assumption!
Create a sentence using the word assumption or assume?
People make assumptions quite often.
What false assumption does Stalin make about people who disagree with his plans?
They are on the Nazis' side.
Optimization is a balance between and?
Optimization is making the best of everything, to make everything as effective, perfect or as useful as possible
What did stone age people use to make their tools?
As the name suggests, they used stone.
How does the court house know if your property had a unrecorded quit claim deed?
The court doesn't know. It will sometimes make that assumption after hearing testimony and reviewing evidence.The court doesn't know. It will sometimes make that assumption after hearing testimony and reviewing evidence.The court doesn't know. It will sometimes make that assumption after hearing testimony and reviewing evidence.The court doesn't know. It will sometimes make that assumption after hearing testimony and reviewing evidence.
What are the steps or links in general in website optimization?
Make back links.
Why do people think that a person is not as loving as they could be if they don't get as much education as possible?
I have never heard anyone make that assumption. What has "loving" got to do with education?
Select the items below that descive rational behavior in economics?
It is a key assumption used in the study of economics and the choices that people make in pursuit of satisfaction.
What dose presuming mean?
It means to make an assumption or guess.
How do you make a sentence with assumption?
To accept something without proof is to make an assumption. An example of a sentence using the word assumption would be: "She wished she hadn't made the assumption that the trip would be short; now all she wanted was to go home."
Who suggests to make a sundial in lord of the flies?
Piggy suggests to make a sundial to know the time in lord of the flies
