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>
Answer:
Superposition
Explanation:
The Law of superposition dictates that, in undisturbed stratigraphy, those items found deeper in the ground will be older than those found closer to the surface.
The law of superposition states that under normal circumstances, deeper layer of rocks or soil particles are older than those above them.
Answer:
spending matches revenue.
Explanation:
Here are general terms that are usually used by the government in order to show the condition of their budget at the end of each presidential terms:
If the Revenue is greater than spending - Surplus
If the Spending is Greater than Revenue - Deficit
If the Spending is equal to the Revenue - Balanced
In a Balanced condition, the government managed to efficiently use all the funds from the proposed budget to pay for all the programs that they created during the presidential terms.
Ideally, every presidential terms will always aim to either get a Surplus or Balanced Budget at the end of their terms. Deficit condition usually lead to an increase of National's Debt.
A binding authority does not include considering opinions of trusted newspaper.
<u>Explanation:</u>
Binding authority is a complete source of law that a judge must consider and evaluate while making decision for a case. The judge must make sure that he has followed or evaluated all the points that are assigned in the binding authority and only then he should conclude and make his decision.
But the judge must also not relay on the opinion of trusted newspaper and alter his decision according to that, so considering the opinion of trusted newspaper is not a policy that is included in the binding authority. So we can conclude that answer.
