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Like homoeconomics, it suggests people make choices that serve their own best interests.
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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.
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?"
How do people in the south make a living?
People in the south make a living by farming
Create a sentence using the word assumption or assume?
People make assumptions quite often.
What treatment should you give to victom for a vampire attack?
Why must you people make that initial assumption!
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.
What false assumption does Stalin make about people who disagree with his plans?
They are on the Nazis' side.
How do you make a sentence with assumption?
A sentence with assumption would involve making a statement based on a belief or supposition without concrete evidence or confirmation. For example, "Assuming it will rain tomorrow, I will bring an umbrella with me."
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.
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
How can business technology optimization make OT staff more efficient?
Business technology optimization can make staff more efficient by optimizing their work processes. A business analyst would be able to help in this area.
What is the purpose of an engine optimization service?
The purpose of engine optimization services is to enhance the visibility of a webpage. These can be either natural or paid to make the site more prominent when searching.
Why optimization is used?
Optimization is used to make things work better. This may include making things use less resources, work faster, or do their job better.
