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
Kaylis [27]
3 years ago
9

In making rational choices, which of the following is true? We respond to marginal benefits and marginal costs. We do not have t

o account for changes in marginal cost. We do not have to account for changes in marginal benefits. We have to consider both marginal costs and sunk costs. Incentives do not matter.
Business
1 answer:
Marat540 [252]3 years ago
8 0

Answer:

The correct answer is letter "A": We respond to marginal benefits and marginal costs.

Explanation:

Economists make assumptions about markets based on the belief individuals take rational choices. This implies people take prudent and logical decisions that yield the most benefits. In other words, it is implicit that individuals always analyze the marginal benefit and cost of a decision before they take it.

You might be interested in
A nation seeking to increase its overall productivity might be best served by investing money into which area?
Vilka [71]

<span>A nation seeking to escalate its overall productivity might be best assisted by investing money into technology. Developments and advances in technology which interprets into a more productive economic activity as creation and delivery of goods and services are improved.</span>

4 0
4 years ago
Read 2 more answers
I need help with Family and Consumer Science questions! If you do not know do not answer!
irinina [24]
The way brain cells connect and develop will be influenced by a newborns experience with adults and the environent
5 0
3 years ago
Deep mines has 14 million shares of common stock outstanding with a beta of 1.15 and a market price of $42 a share. there are 90
Ugo [173]
Check the attached file for the answer.

3 0
3 years ago
The sarbanes-oxley act created the _____ to protect the interests of investors and further the public interest in the preparatio
devlian [24]

The correct answer is the Public Company Accounting Oversity Board.

The Sarbanes-Oxley Act was enacted in 2002. It’s purpose was to protect investors and add additional oversight for corporations after a number of companies were caught up in accounting scandals and investors lost billions of dollars.

8 0
4 years ago
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
Oksi-84 [34.3K]

Answer:

D) a rise in price

Explanation:

At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.

A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time.  As per the law of demand, high product price causes demand to decrease while low price results in increased demand.

A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price.  As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.

3 0
3 years ago
Other questions:
  • On January 2, 2010, Porter Corporation issued 30,000 shares of 6% cumulative preferred stock at $100 par value. On December 31,
    7·1 answer
  • Dota inc stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return and a 25% chance producing a 1
    8·1 answer
  • In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
    9·1 answer
  • A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 420,000 Sales revenue $ 1,890,000 Va
    13·1 answer
  • Which of the following are task roles? Select all that apply.
    13·2 answers
  • Which type of portfolio might a young investor who is not afraid of risk choose?
    11·1 answer
  • Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he or she expects the shoes
    9·1 answer
  • All purchases are paid for as follows: a. 10% in the month of purchase, b. 40% in the following month, and c. 50% two months aft
    10·1 answer
  • The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient
    9·1 answer
  • Which of the following is most likely to improve e-commerce in the world trade arena?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!