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What else can I help you with?
Which of the following is not something that consumers need to pay attention to order to make rational choices?
Productivity levels
Is not something that consumers need to play attention to in order to make rational choices?
Productivity Levels, dude.
How can consumers be wrong but still be using the principle of benefit when they decide to buy something?
Consumers are still being rational (sensible) when they purchase something that results in no benefit if they believed that it would give them benefit when they purchased it.
Which of the following best explains why minimizing costs is a rational way to make decisions?
Paying a cost means doing without something good or accepting something badPaying a cost means doing without something good or accepting something bad.
What are the essential elements of the basic competitive model?
rational, self interested consumers rational, profit maximizing firms competitive markets with price taking behavior
Which of the following is not something that consumers need to pay attention to order to make rational choices?
Productivity levels
Is not something that consumers need to play attention to in order to make rational choices?
Productivity Levels, dude.
How can consumers be wrong but still be using the principle of benefit when they decide to buy something?
Consumers are still being rational (sensible) when they purchase something that results in no benefit if they believed that it would give them benefit when they purchased it.
What do consumers need to pay attention to in order to make rational choices?
Consumers should pay attention to product quality, pricing, reviews, and return policies to make rational choices. It is important to consider personal needs and preferences, compare options, and avoid making impulsive decisions. Conducting research and seeking recommendations can also help in making informed decisions.
Do all rational consumers think alike?
yes
Is the following number rational or irrational -2?
Rational.
Which of the following correctly describes the sum of two rational numbers?
It is always rational.
Which of the following rational functions is graphed below?
a
What the meaning of rational?
In mathematics, rational refers to something that can be expressed as a ratio.
Which of the following numbers will produce a rational number when added to .25?
Any other rational number.
Which of the following best explains why minimizing costs is a rational way to make decisions?
Paying a cost means doing without something good or accepting something badPaying a cost means doing without something good or accepting something bad.
What are the essential elements of the basic competitive model?
rational, self interested consumers rational, profit maximizing firms competitive markets with price taking behavior
