rational decision, Microeconomics

what is rational decision and why it requires one''s choices be consistent with one''s goals?
Posted Date: 5/30/2012 7:27:17 AM | Location : United States







Related Discussions:- rational decision, Assignment Help, Ask Question on rational decision, Get Answer, Expert's Help, rational decision Discussions

Write discussion on rational decision
Your posts are moderated
Related Questions
1. The two-way ANOVA, non-orthogonal case, has been a vexing problem for ANOVA researchers for many years.  Please answer the following questions concerning the two-way non-orthogo

In the long-run equilibrium, each firm in a perfectly competitive industry will choose the plant size associated with minimum long-run average cost. Is this TRUE or FALSE? And why?

Explain what the natural rate of unemployment is. It is necessary here to include a solid explanation based on economic concepts. The natural rate of unemployment is the rate o

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Why is it considered well to bring all BOP's to zero?   If BOP of any country is zero, it reflects that the present account of that country has sufficient balance to meet the n

a) Microeconomics is concerned with decision-making within the firm, household or on the individual level, but macroeconomics is concerned with the behavior of the whole economic s

Explain the importance of well-established property rights in the method of development. Definition of property rights should not begin and end with owning land and buildings b

explain marris model of the managerial enterprise

You are considering whether or not to go to graduate school. Well… there are many things to consider, of course, such as the type of job you would thus get, the opportunity to live

Why do some people believe that a mixed economic system solves basic economic problems?  Ans) It is due to  the private sector and public sector both have a say in answering the