1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
s344n2d4d5 [400]
4 years ago
14

When the marginal benefits of a decision is equal to the marginal costs, it is called _____________. (SSEF2) * 1 point equilibri

um scarcity specialization a rational decision
Business
1 answer:
Sati [7]4 years ago
5 0

Answer:

A rational decision

Explanation:

Marginal decision involves using more than or less than what you have by comparing the cost and benefits. Marginal cost is the additional cost as a result of making a different decision while the marginal benefit is the additional benefit as a result of making a different choice.  A rational decision is a decision in which the marginal benefits as a result of taking that decision is greater or equal to the marginal cost of that decision.

You might be interested in
When the Writers Guild of America went on strike in 2007-2008, the union and studios met with a third party who helped continue
garik1379 [7]

Answer:

mediation

Explanation:

The Writers Guild of America and the film studios used a mediator when they started their negotiations. The mediator is an impartial third party that is present during the negotiations and tries to help both parties reach an agreement or settlement. The decisions taken by the mediator are not mutually binding so any party can accept or reject them. A mediator only helps to solve the problem, offers possible solutions, but shouldn't decide anything.

In order for the decisions taken by the third to be binding, the third party must be an arbitrator. In an arbitration process all parties involved must accept the decision of the arbitrator.

5 0
3 years ago
The Ohio State University research on initiating structure and consideration was focused on identifying what aspect of leadershi
exis [7]

Ohio State University's research on initiating structure and consideration was focused on identifying the task-oriented aspect of leadership.

Task-oriented leadership occurs when the manager specifies the group's tasks and delegates assignments to each member, through clear processes and with a set deadline for completion.

In task-oriented leadership, the leader will clearly establish the initiation structure by organizing the group's actions guided by a well-defined schedule.

Therefore, Ohio State University research was focused on identifying task-oriented leadership, which is used to structure the workplace by directing the achievement of tasks and priorities through completion in the allotted time.

Learn more here:

brainly.com/question/15508197

8 0
3 years ago
Suppose country X partially specializes in the production of only two goods, food and clothing. At the initial free trade equili
alekssr [168]

If food consumption should rise by 42 units we can conclude that country X’s willingness to trade declines.

<h3>The reason why the willingness to trade would decline</h3>

The willingness to trade for this country would be on a decline given the fact that X's countyry is on a balanced growth path and the prices of their goods are unchanged in the international market.

Due to the lack of change they would not want to engage in trade again with other countries.

Read more on technological innovation here:brainly.com/question/19969274

4 0
2 years ago
Find the product of 28 and 97.
Inga [223]
The product of 28 and 97 is 2716
8 0
3 years ago
Read 2 more answers
What are the main purposes of a budget?
disa [49]
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
7 0
3 years ago
Read 2 more answers
Other questions:
  • For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a
    8·2 answers
  • Is marketing an art form in the digital age? Why or why not?
    13·1 answer
  • Why are batteries not included in toys?
    7·1 answer
  • The daily profit p in dollars of a company making tables is described by the function upper p left parenthesis x right parenthes
    14·1 answer
  • Vital Industries manufactured​ 2,400 units of its product Huge in the month of April. It incurred a total cost of​ $132,000 duri
    10·2 answers
  • A national restaurant chain has just opened a sit-down location at Chicago’s O’Hare International Airport. Next to the sit-down
    7·1 answer
  • As a member of a team, you need to show unselfishness by ______.
    6·2 answers
  • What does it take for a consumer boycott to
    13·1 answer
  • Suppose a firm has 35 million shares of common stock outstanding at a price of $15 per share. The firm also has 200,000 bonds ou
    8·1 answer
  • Which resource is not an example of a factor of production? a. labor b. natural resources c. government d. capital
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!