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When you are thinking on the margin the factor that should most influence your decision is most closely described by which of the following terms?
Wiki User
∙ 12y ago
opportunity cost
Wiki User
∙ 12y ago
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When you are thinking on the margin the which factor should most influence your decision is?
opportunity cost
What are the essential characteristics of a good decision?
Thinking well, acting better.
What does thinking at the margin mean?
Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.
How does thinking at the margin change the decision-making process?
It gives you more time to think about your choices and using time to see how you could process over that period
How have current events economics and culture influence thinking about marketing?
Current events, economics and culture all influence thinking about marketing. Today the trend is to market products from immersion. You may see the product in movies, on tv shows in a music video, tweeted and facebooked and brought to you in ways you may not even realize. You will notice the same folks popping up repeatedly for a few months pushing their new thing. Logos are everywhere. Sell, sell, sell.
When you are thinking on the margin the which factor should most influence your decision is?
opportunity cost
Which of the following best describes the critical thinking element of implications?
implications are what we expect to happen before a decision
Which of the the following best describes the critical thinking element of implications?
implications are what we expect to happen before a decision
What role does critical thinking play in decision making?
Critical thinking is essential in decision making as it involves actively analyzing and evaluating information to make sound judgments. By using critical thinking skills, individuals can consider all perspectives, assess the validity of arguments, and identify potential biases or assumptions, which ultimately leads to making more informed and effective decisions.
What is thinking of your thinking?
Thinking about your thinking refers to metacognition - the ability to reflect on and be aware of your own thoughts. It involves monitoring and controlling your cognitive processes, such as problem-solving or decision-making. This self-awareness can enhance learning, problem-solving, and overall cognitive performance.
How will the thinking of Abraham maslow influence your teaching practice in the future?
How the thinking of abraham maslow influence your practice teaching in the future
Dichotomous thinking could be described as?
Dichotomous thinking could be described as A. philosophical. B. eccentric. C. black and white. <--- D. closed-minded.
How Bias Influences Critical Thinking?
How does bias influence critical thinking
Dichotomous thinking could be described?
black and white
Dichotomoous thinking could be described as?
black and white
What is historical influence?
Historical influence is where events affect people's way of thinking and often shapes their way of thinking on how to handle social issues.
What is the act of thinking of all of the ways to carry out a decision?
It is using critical thinking skills.
