Answer: Option A : by themselves do not tell us what decisions the firm will make.
Explanation: Using the cost curve to make decisions is the function of the firm's internal decision mechanism
Answer:
What is the question?
Explanation:
I suppose that is if it is profitable to hire the new worker, according to microeconomics this decision must be based in something called marginal income and must be compare with the marginal cost because they can increase the income but not the profit depending of the cost of the new worker.
Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.
<h3>What is counterfactual thinking?</h3>
Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.
The initial method may not be as productive as the individual expected.
This will make an individual think of all the factors that may have hindered the desired result.
Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.
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The things are considered psychological influences on the purchase decision process:
- learning
- value
- beliefs
- attitudes
<h3>What is referred to as the purchase decision?</h3>
This is the term that is used to refer to all of the ways that the person that would have to use a product would end up getting the product that they want to fulfill a particular need. It is what can be used to describe the drivers of their purchases.
In the stage of making a purchase decision. the person that is the consumer would have formed the intention that they want to buy a particular brand of product. This is the fourth stage that is is the consumer decision process.
Hence we can say that the things are considered psychological influences on the purchase decision process:
- learning
- value
- beliefs
- attitudes
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Answer:
Prices act as a signal that tells producers and consumers how to adjust. Prices tell buyers and sellers whether goods are in short supply or readily available. The price system is flexible and free, and it allows for a wide diversity of goods and services.
Explanation:
