The theory of rational choice illustrate that every people make rational decisions using rational equations and achieve success which are affiliated to their own goals. These outcomes are also linked to their self interests
It is anticipated that use of rational decision theory will lead in results that give the maximum benefit and fulfillment.
Explanation: A demand decrease leads to a decrease in equilibrium quantity and a decrease in equilibrium price while a supply increase leads to a rise in equilibrium quantity and a decrease in equilibrium price.
Answer: The time difference between Bangladesh and Nepal is 0.25 hour(s). While in Bangladesh the actual local time is 06:00, in Nepal the time is 05:45.
