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Paraphin [41]
1 year ago
14

Because consumers behave in a rationally self-interested manner, the consumer will purchase a good or service ______. multiple c

hoice question.
Social Studies
1 answer:
aleksandrvk [35]1 year ago
6 0

Because consumers behave in a rationally self-interested manner, the consumer will purchase a good or service  when the marginal benefit is greater than or equal to the marginal cost.

<h3>When you make a choice in your self-interest?</h3>
  • Congestion: A commuter driving to work has no incentive to consider the cost of his actions on other drivers in the form of increased traffic congestion.
  • The well-being of society For instance, there are several potential solutions to traffic congestion
  • Individual driver gasoline sales are taxed.

learn more about transportation refer:

brainly.com/question/24925498

#SPJ4

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The _______ advances psychological knowledge by implementing specific methods to gain desired knowledge.
victus00 [196]

The well advances psychological knowledge by implementing specific methods to gain desired knowledge.

<h3>What is psychological knowledge?</h3>

psychological knowledge serves as the knowledge that focus on the behavior as well as mental activities of people.

Hence, The well advances psychological knowledge by implementing specific methods to gain desired knowledge.

Learn more about the psychological knowledge at brainly.com/question/12011520

#SPJ1

4 0
2 years ago
Which description below best defines "apartheid?
Natasha_Volkova [10]

The meaning of apartheid is a former social system in South Africa in which black people and people from other racial groups did not have the same political.

3 0
3 years ago
Macroeconomics approaches the study of economics from the viewpoint of
Bad White [126]
macroeconomic appraches the study of economic from the viewpoint of consumers
3 0
4 years ago
________ is the idea that proposes that the ability of decision makers to be rational is limited by numerous constraints, such a
slava [35]

Answer:

The idea is bounded rationality.

Explanation:

The Bounded Rationality Theory was proposed  by Herbert Simon and it states that human cognition is not perfect and is flawed. One's reasoning can have fails which restricts the decision making and eventually coming to an optimal one.

The theory states that a person tends to take irrational decisions since his/her rational thinking is in fact limited by his/her cognitive skills, the available time and the complexity of such problem.

When solving a problem, one can never truly fix it in a completely optimal way since it is impossible to think of all the solutions to the problem.

3 0
3 years ago
Jamestown was originally governed by a governor whose council was appointed by
LenaWriter [7]
Hey there! 

The correct answer to your question is: The <span>Virginia Company

</span>Jamestown was originally governed by a governor whose council was appointed by the Virginia company. 

Thank you!

3 0
3 years ago
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