Rational decision simply means a decision based on logic. It would be logical to say that people would always prefer more benefits than the cost they will be expending. Rational decisions indeed<span> occur when the marginal benefits of an action equal or exceed the marginal costs. No person would make a decision that would incur a loss in his part. Therefore, in order to say that you were able to have a rational decision, you have to bear in mind the profit you can gain out of it. Example of this is the decision on additional worker. Suppose you are paying $20</span><span> per worker and they produce 5,000 units. If you are to add additional worker, you will incur an additional $20 but it will also increase the production output to 8,000 units. Therefore, it would be a rational decision to employ another worker since the benefits would exceed the cost.</span>
Answer:
Explanation:
For statement 1. The unemployment rate is high as Tim must have tried is best and the labour force rate is also low because he gave up looking and retires, this must have an impact on labour force.
For statement 2, unemployment rate will reduce or a quota will contribute to the reduction of unemployment rate If she gets a job. And labour force will increase.
For statement 3, Brian decision will have a major negative impact on the unemployment rate and labour force because of lack of interest.
For statement 4, this is an accident which will definitely have an impact on unemployment rate and labour force, a live is lost.
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Growth, population size, population studies, population vital statistics
The false statement would be B) It was invented in 1898. The voting machine was ACTUALLY invented during 1875 and it wasn't nearly perfect at the time.
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---JUSTAVERY
