All decisions involve trade-offs. Trade offs are the alternatives one gives up whenever one chooses one course of action leaving out out all other alternative courses of action.
Trade-offs are practically found in all economic decisions. For instance, when one chooses to take a special cup of cappuccino for $330, this excludes spending this amount of cash on tea or fruit juice. When you choose to buy an expensive piece of art, you will have to spend more money towards maintenance and security of the painting. If you decide to work in a far-off city due to better pay there, you spend less time with family and friends in your hometown.
Yes, she is utilizing her opportunity dispensed among school, considering, games and humanitarian effort in a way she regards best.
Rational behavior alludes to a basic leadership process that depends on settling on decisions that outcome in the ideal level of advantage or utility for a person.
To behave rationally, we settle on choices and act in manners that best accomplish our requirements. Thus, rational conduct is objective arranged. Rational behavior happens when we are seeking after objectives as per our set inclinations and needs.
On November 6 and 7, 1917 (or October 24 and 25 on the Julian calendar, which is why the event is often referred to as the October Revolution), leftist revolutionaries led by Bolshevik Party leader Vladimir Lenin launched a nearly bloodless coup d'état against the Duma's provisional government.
*Answer:*
Triangular trade increased the demand for both land and slave labor
Post-Traumatic Stress Disorder, I believe.
