cruzerika1665 cruzerika1665
  • 24-03-2019
  • Business
contestada

In one or two sentences ,describe why descions are based on expected costs and benefits

Respuesta :

MsTeel
MsTeel MsTeel
  • 24-03-2019

People have limited resources, so each purchase decision has to be based on weighing the pros and cons. If the expected benefits of something are higher than the expected costs, they will make the decision but if the costs are higher than the benefits they will avoid making it.

Answer Link

Otras preguntas

Which word has a negative connotation Thin Slim Slender Skinny
In most situations, children diagnosed with otitis media should be observed first before being treated with antibiotics. a. T b. F help me
I need help please! Thank you
A long term change in Earth's overall temperature with massive and permanent ramification is called? Climate change Ocean acidifcation Greenhouse gas
Find the HCF of 12, 48 and 60​
Based on The Metamorphosis, what has Gregor become? O A. A giant bird O B. A large insect O C. A slimy worm O D. A huge rat
The Zearn Fair charges $1.75 for entrance and $1.05 for each ride. Mr. Sawicki brings $20 with him to the fair. What is the greatest number of rides Mr. Sawicki
Write a quadratic equation whose roots are 1+8i and 1-8i
what happend in war world 2
What caused the ratification of the 26th Amendment, which lowered the voting age to 18? A. Participation of the United States in the Vietnam War B. Fe