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>
Nepal, like India, Bangladesh and Pakistan country’s like that have an indigenous third gender community, considered by society as neither male or female. Such individuals, known as metis, are assigned male at birth but commonly act, dress and behave as females
planning does not sure the success of the such business
<span>The answer is letter C.
<span>Wilfred Gibson is a poet born in Hexham, Northumberland. He left his birthplace when his mother died in 1914 and was successful in publishing poems in magazines since 1895. His collections of verse plays and dramatic poems were published by Samurai Press and later made a book entitled The Web of Life. Many of his poems were dedicated to his birthplace that talked about fishermen, industrial workers, and miners that often included rick folk-songs and local ballads of the North East.
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He is one of the founders of the “Dymock poets,” a community of writers who settled briefly before the outbreak of the war. <span>
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Answer:
other factors remaining constant, price quantity supplied of a good are directly related to each other.
Answer: The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. ... Land resources are the raw materials in the production process. These resources can be renewable, such as forests, or nonrenewable such as oil or natural gas.
Explanation: hope this helps :D
