Matthew is employing the research method called participant observation. This is a type of data collection method where the individual is likely to collect information about cultures, people or process in a qualitative research and that the individual is likely to be referred to as the player in the action.

3 0

3 years ago

Rational behavior requires thinking at the margin. which example represents this type of thinking?

mixer [17]

The examples are:
<span>-deciding whether a second burger is worth the extra $2
-deciding whether the overtime pay is worth working on your day off
-deciding whether to pay a fine for polluting the local harbor or installing antipollution machinery

In rational behavior, our decision-making process is always based on which decision give the maximum/optimal benefit for use, after deducting all possibilities with a logical approach.
All the actions above represents this very concept of rational behavior.

</span>

4 0

3 years ago