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Vikentia [17]
3 years ago
7

t is often costly to obtain the information necessary to make good decisions. yet your own interests can be best served by ratio

nally weighing all options available to you. This requires informed decision making. does this mean that making uninformed decisions is irrational? How do you determine how much information is the right amount?
Business
1 answer:
goldenfox [79]3 years ago
3 0

Answer:

The answer is below

Explanation:

1. Yes, making uninformed decisions is irrational. This is because it will cost the individuals making uninformed decisions to lose money in the process. Such individuals may also lose another important aspect concerning their decision, such as technological advantage, political assistance, social benefits, economic privilege, etc.

2. To determine how much information is the right amount is to ensure you continue to acquire information as long as the benefit of the additional information exceeds the additional costs. Otherwise, it is no longer the right amount anymore.

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6 0
4 years ago
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Answer:

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3 years ago
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5 0
3 years ago
One of the advantages of a c corporation is ease of formation true or false
ziro4ka [17]

Answer:

true

Explanation:

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A service-based organization has adopted an expansionist strategy. It has taken on a number of big contracts from clients and is
PolarNik [594]

Answer:

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