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Maslowich
3 years ago
15

Rational economic decision makers will make a change only if: a. ​their expectations are correct. b. ​there are no costs involve

d. c. ​there is no uncertainty about the results of the change. d. ​the change is free of risk. e. ​the expected marginal benefit exceeds expected marginal cost.
Business
1 answer:
STALIN [3.7K]3 years ago
5 0

Answer:

e. the expected marginal benefit exceeds expected marginal cost

Explanation:

Rational decision making refers to deciding in favor of those decisions which yield favorable results. The decision making process takes into account rational, unbiased objective thinking before opting for a course of action.

Marginal benefit refers to how much a consumer is willing to pay to consume an additional unit of output.

Marginal cost refers to the additional cost incurred when another unit of an output is produced.

A rational decision maker makes a change only in the scenario wherein, the marginal benefits derived from consuming a product exceed the marginal cost associated with the product.

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Item
vodka [1.7K]

What Muhammad found unsatisfactory about the Certificate of deposit is that the return on the investment was too low.

Basically, a certificate of deposit is under a Short term investment instrument which yields low interest value for investors.

The Short term investment yields on investment are low because it is for short period of time and involves lesser risks. Other instruments under Short term investment includes Money market etc.

Therefore, the option C is correct because the Certificate of deposit was seen as unsatisfactory by Muhammad because the return on the investment was too low.

Learn more about this here

<em>brainly.com/question/6564414</em>

7 0
2 years ago
The principal-agent problem arises in labor markets because: Group of answer choices compensating wage differences do not pay fo
densk [106]

Answer:

workers may provide less-than-expected work effort.

Explanation:

Principal-agent problem

This is also called Agency problem. It is simply defined as a type of problem of motivating one party that is the agent just to act on behalf of another person which is the principal. This problems arise usually when incentives between the agent and the principal are not perfectly aligned or in tune.

This form of problem is also said to occur when agents example a firm's managers tends to run after their own personal goals rather than the goals of the principals who is the firm's owners.

Agency relationship

This form of relationship is said to occur if there is a set up or an arrangement in where one person's welfare is dependent or based on what another person does.

Agent

This is simply known as an Individual whose services has being employed by a principal so as to help achieve the principal's objective.

Principle

This is also known as a person who simply employs the services of one or more agents so as to obtain or achieve an objective.

6 0
3 years ago
A well diversified portfolio needs about 3 to 5 stocks from different categories.
Oduvanchick [21]

Answer:

This is false.

Explanation:

Diversification is An investment strategy that includes a mixture of a wide variety of investments from different categories within a portfolio.

A well diversified portfolio does not need 3 to 5 stocks from different categories instead A well-diversified portfolio needs about 20-25 stocks from various categories.

3 0
3 years ago
What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
SSSSS [86.1K]

Answer:

1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.

2) Pin point the problem

3) so that means you should do research based on the problem ^

4)Try evaluating the problem.. perhaps looking at it in perspective ^

5)see how the problem could affect you or others

6) Then work out a plan to solve the problem

6 0
2 years ago
Read 2 more answers
Select a product or component for which physical properties are more important than mechanical properties. • Describe the produc
Dmitry_Shevchenko [17]

Answer:

Explanation:one good example is an electrical wire,an electrical wire is usually coated with insulator to prevent the current from affecting the present environment.. Why the mechanical function is to transport electricity..so an electrical wire transport electricity and still it users from hazards

6 0
3 years ago
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