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>
Symptoms of panic disorder, such as hyperventilating, are usually brought on by a trigger, such as enclosed spaces. Generalized anxiety disorder is the existence of anxious symptoms in everyday life.
<span>Laser-ranging devices can detect even tiny movements of the crust along a(n) ____________________. fault<<
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Answer:
- to protect constitutional rights, safety, and fairness.
- to ensure that property rights are protected.
- to create regulation in a mixed-market economy only when needed.
A government can influence the economy through regulatory policies. These policies aim to limit what can be done in the marketplace. Regulations cover areas such as banking, insurance and wages. These regulations are designed to protect constitutional rights and ensure safety and fairness. They also protect property rights. Government regulation does not try to give producers an advantage over consumers, nor does it allow producers and consumers to interact completely free of government interference. However, it does try to regulate the economy only when it is needed. This is not always done right, which can lead to overregulation or deregulation.
