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What else can I help you with?
When a decision is made what two things is a decision maker considering?
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
What about elasticity of demand is false?
There could be many things said about elasticity of demand that are false, but there would be no point in making things up that are not true. This appears to have been taken from a multiple choice exam.
When making a choice between two things what is the one that you give up called?
In economics, the value of a forgone choice is called an "opportunity cost" because it represents a potential value that is lost, at least initially.There are several adjectives for things not chosen, including alternative, bypassed, forgone, deferred, or unpicked.
What is an example of the endowment effect and how does it influence decision-making?
The endowment effect is when people value things more highly simply because they own them. An example is someone valuing a concert ticket they already have more than the price they paid for it. This can influence decision-making by making people reluctant to part with items they own, even if it would be in their best interest to do so.
Is capitalism compatible with social justice?
cost benefit analysis maybe regarded as the systematic thinking about relevant decision making is this approach not relevant to making decisions about the things valued very highly or that have infinite value such as life or health?
What do mean by decision making?
Decision making is deciding things.
When a decision is made what two things is a decision maker considering?
Two things a decision maker considers when making a decision are future costs and benefits of the decision. Other things are sometimes considered when making decisions including future consequences of the decision.
What is the Difference between judgment and decision making?
Judgement is judging someone, and decision making is deciding something, usually about you and things about you. Example Plz: by ruban.
Why decision making is difficult?
ANSWER: Decision making is difficult because you have to choose between two different things. You should always think things throughly through before you make a decision. you can try to use a D.A.R.E. guide line. visit www.dare.com
What two things does your conscience do?
When faced with a decision, our conscience guides us to think about the obligations we have to that choice and our principles.
Should I homeschool my high school student?
Making the decision to homeschool is usually very difficult and not one to be taken lightly. It is a personal decision that I can't make for you, but maybe I can help you think it through. Consider these things in making your decision.
Two of something .decide so I'll take?
It seems like you're referencing a decision-making scenario involving two options. If you're trying to choose between two things, consider what each option offers and how they align with your needs or desires. Weigh the pros and cons, and then make a choice that feels right for you. Ultimately, trust your instincts to guide you in making the decision.
There r 2 guys that i like and i don't know which 1 2 choose 1 is same age and makes me laugh other is 8mouth younger and makes me laugh which 1 should i choose?
no one can make this type of decision for you. things to take into account whilst making a decision, is whether or not the age difference matters to you. also, do you see yourself in the future with one of them. the chances are that you have already made an un-concious decision. who do you think of the most? when you listen to love songs who do you think of? goodluck! and i hope you make the right choice. no one can make this type of decision for you. things to take into account whilst making a decision, is whether or not the age difference matters to you. also, do you see yourself in the future with one of them. the chances are that you have already made an un-concious decision. who do you think of the most? when you listen to love songs who do you think of? goodluck! and i hope you make the right choice.
What defines all living things?
Matter
Which of these defines organisms?
all living things
What is the difference between planning and decision making?
Decision making is required during planning but planning is forming a plan before doing. Decision making is required while doing because unplanned things happen.
What are the Four steps before making a moral decision?
1. thinnk before you do 2. Will this decision make things worse? 3. what would jesus do 4.act fast
