Answer:
An indifference curve describes how a consumer is indifferent to goods and services and its various combinations at a given total earnings. Demand and consumption forms the primary base of the indifference curve and the curve is usually drawn from the position of the customer involved.
PPC means production possibility curve and it helps in the enlightenment of the production possibilities of two different set of goods. Production, technology and available resources forms its primary base and the curve is usually drawn from the position of an economy in perspective.
B. environment of evolutionary adaptedness.
He shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur; and he shall nominate, and by and with the Advice and Consent of the Senate, shall appoint Ambassadors, other public Ministers and Consuls, Judges of the Supreme Court.
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Answer:
The correct answer is - Consequences require accepting an outcome.
Explanation:
In the decision-making process, the cost is the manner, way, or course the way something is done whereas the consequences are something that follows it depend on or the cause of the process.
Cost can be giving up something, it can be positive or negative but it is not something that is not available or have to accept. Whereas the result or outcome is the consequences of the decision or choice that required to be accepted as it is not confirmed in the process.