What occurs when individuals make decisions in which benefits exceed costs?

A. They are removing the opportunity costs of decisions.

B. They are using a rational decision-making model.

C. They are making irrational economic decisions.

D. They are eliminating all trade-offs of the decision.​

Answers

Answer 1

Answer:

The answer was B. They're using a rational decision-making model.

Explanation: Every decision a person makes has some sort of opportunity cost, and these costs cannot be removed.

Answer 2

When individuals make decisions in which benefits exceed costs, they are B. using a rational decision-making model.

It is assumed that rational human beings would try to make a profit in whatever it is that they are doing.

To make a profit, one has to have the benefits of the venture exceed the costs of the same venture so that the costs would be covered and there would still be some benefits left.

When an individual therefore makes a profit by engaging in a decision where benefits exceeded cost, this was the rational thing to do.

In conclusion, a decision where benefits exceed costs is a rational decision.

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Related Questions

What exception was created to proving literacy in order to vote, according to the Oklahoma state law? Check all that apply. “Currently living in a foreign country” “Registered to vote before January 1, 1866” “The child of someone registered to vote” “Registered as an elector” “Unable to read and write”What major effect did the Fifteenth Amendment have on American society?

Answers

Heldjdnna j think the answer is going to beeee u8

Answer:

What exception was created to proving literacy in order to vote, according to the Oklahoma state law?

“Registered to vote before January 1, 1866”

“The child of someone registered to vote”

What major effect did the Fifteenth Amendment have on American society?

provided greater access to voting for African Americans.

please help me i need help

Answers

I think the answer is a or d???
Answer d capture richmond

How did Bartolomé de las Casas draw distinctions between the Spanish people and the American Indians? List at least two examples to support your ideas. Give your answer in the form of at least two complete sentences.

Answers

Answer:

He called the Spanish people wild animals and Native Americans as sheep. Native Americans were innocent and peaceful while the Spanish was hellish and evil and cruel.

Explanation:

And then you go- Finally an answer thats correct.

Bartolome de las Casas stated that the natives were innocent sheep and that they were devoid of craft and malice.

The distinctions between the Spanish people and the American Indians were:

He referred to the Spanish people as wild animals while he referred to the Native Americans as sheep. He also stated that the Spanish people were evil and cruel while the Native Americans were innocent and peaceful.

In conclusion, Las Casas opposed the abuses that the colonist committed.

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In your discussion post explain what history is, and how you view history. Do you think history is an important topic to learn about? Why or why not?

Answers

Answer:

Any subject of study needs justification: its advocates must explain why it is worth ... In the past history has been justified for reasons we would no longer accept. ... History should be studied because it is essential to individuals and to society, and ... Only through studying history can we grasp how things change

Explanation:

Answer:

Any subject of study needs justification: its advocates must explain why it is worth ... In the past history has been justified for reasons we would no longer accept. ... History should be studied because it is essential to individuals and to society, and ... Only through studying history can we grasp how things change

Explanation:

What were the 2 reasons why Europeans came to America?

Answers

Answer:

Them being for the sake of their economy, religion and glory. They wanted to improve their economy for instance by acquiring more spices, gold, and better and faster trading routes. Also, they really believed in the need to spread their religion, Christianity.

The main reason before discovering America was to find another faster way to India but after discovering this was a new land that had bountiful resources they wanted to take the land so the short answer is to colonize and to profit off of natural resources

How do you reach enlightenment in Buddhism?
A. Through reincarnation
B. Through war
C. Through trade
D. Through meditation

Answers

Answer:

Through meditation .......

Answer: ans is D

Explanation:

Please help me I don't know which one.

Answers

Answer: The last one because it's an opinion not a fact

what federalist and anti-federalists believe the role of the government should be

Answers

Answer:Federalists second the confirmation of the renovated Constitution and think a more lusty public state with better powers was inevitable to add the distinctive possession and produce a stronger rude. Anti-Federalists hostile sanction and think sway should be intensified with the condition rather than with the federal state.

Explanation:

I hope that makes sense have a great day and good luck in your assignment .

At the nationally televised Army-McCarthy hearings in 1954, it was revealed that Group of answer choices McCarthy gloated that he was right and the army had been willing to look the other way to save their reputation. neither side was able to prove their point; Congress dropped the charges as there was insufficient evidence. McCarthy was not fit to stand trial; instead he sent his assistant to read the charges, which could not be entered into evidence without McCarthy's physical appearance in the hearings. McCarthy was a bully who browbeat witnesses and made sweeping accusations with no basis in fact.

Answers

Answer:

Option: McCarthy was a bully who browbeat witnesses and made sweeping accusations with no basis in fact.

Explanation:

Senator Joseph McCarthy began the period of McCarthyism in America during the 1940s and 1950s. During this period, many Americans arrested as Communist agents without precise evidence. During the McCarthy period, hundreds of Americans accused of being communists and questioning before the government.  The fear of the Soviet Union led hundreds of Americans sent into prisons while thousands lost their positions in office. The prime targets of doubts were government employees. His hunt ended when he attacked several U.S. Army officers for having communist sentiments. Many accused him of being a tyrant who used power in a wicked way and never produced a proper document.

HELP NOW! I'LL GIVE OUT BRIANLEST!


Use the timeline to answer the question:


Image of a timeline with three dates marked 3000 BCE, 0, and 2000 CE. There are lines above 3000 BCE, 0, and 2000 CE. There is also a line marked A, which is to the right of 3000 BCE. The distance between 3000 BCE and 0 is proportionately less than the distance between 0 and 2000 CE.

© 2012 FLVS


Which date corresponds to letter A on the timeline?


1500 CE

1400 BCE

3200 BCE

1900 CE

Answers

It should be C. 3200 BCE

Answer:

3200 BCE

Explanation:

How did Britain’s Glorious Revolution affect the American colonies

Answers

Answer:

It led to an increased sense of independence from Britain. It led to greater trade restrictions with other European nations. It led to political chaos, weakening the sense of an American identity. Hope that helped :))

Which of the following ideas was central to George W. Bush's campaign platform

Answers

Answer:

He promised to provide "steady, experienced leadership", and Reagan privately supported his candidacy.

Explanation:

The 1988 Republican presidential primaries began in October of 1987 with Bush's entry. Though Reagan didn't publicly back the candidacy, he privately offered steady, seasoned leadership to help the candidate succeed.

The solution is derived from my existing knowledge, data, and study on the topic. I hope that my explanations help you to better comprehend the topic at hand.

Answer:

large tax cuts

Explanation:

took the test


The Declaration of Independence was different from previous documents prepared by colonists because it
O committed the colonies to being independent.
O asked King George III to take action.
did not list problems colonists had with British rule.
O was approved by the Continental Congress.

Answers

Answer: committed to the colonies being independent

Explanation:

please help me please please

Answers

Answer: Dad and Greg are making lasagna for supper. Greg adds too much-grated cheese.

Explanation: That's what happens in the story above.

3. Which of the following statements is true?
-The Boston Tea Party was prompted by the British charging more money for British tea than other tea.
-The Boston Tea Party was prompted by the British charging less money for British tea than other tea.
-The Boston Tea Party was prompted by events that were unrelated to tea.
-All of the above

Answers

Answer:

The Boston Tea Party was prompted by the British charging more money for British tea than other tea.

Explanation:

how can we become role model​

Answers

Answer:

Explanation:    

       

we can be Role Model by following this things :

Demonstrate confidence and leadership. ...

Don't be afraid to be unique. ...

Communicate and interact with everyone. ...

Show respect and concern for others. ...

Be knowledgeable and well rounded. ...

Do good things outside the job.

Here are seven frequently mentioned qualities:
Demonstrate confidence and leadership. ...
Don't be afraid to be unique. ...
Communicate and interact with everyone. ...
Show respect and concern for others. ...
Be knowledgeable and well rounded. ...
Have humility and willingness to admit mistakes. ...
Do good things outside the job

Which region's language was least influenced by
migrations?
O A. Europe
B. Egypt
C. Persia
D. India

Answers

B. Egypt was least influenced by migrations.

The graph shows a point of equilibrium.

A graph titled Daily Market for Graphic Tees at the Clothing Shop has Quantity supplied on the x-axis, from 0 to 50 in increments of 10, and price in dollars on the y-axis, from 0 to 18 in increments of 2. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at point (30, 9).

What is the price at which equilibrium is achieved?

Answers

The price at which equilibrium is achieved is $9

The equilibrium point is the point where the lines of the demand and supply functions meet.

From the question, we understand that price is plotted on the vertical axis (i.e. the y-axis).

Also from the question, the lines intersect at point (30,9).

The y-coordinate of the intersection point is 9

Hence, the price at which equilibrium is achieved is $9

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Answer: The answer is:

B: $9

Explanation:

Edge 2023

Hope this hel :[

The Mughal emperor appointed the Company as the Diwgzt of the provinces of Bengal in the year 1700.

True/False​

Answers

Answer:

true:)

Explanation:

edit: your welcome>33

The Fundamental Orders of Connecticut was

Answers

The fundamental orders describe the government set up by the Connecticut River towns, setting its structure and powers. They wanted the government to have access to the open ocean for trading.

Answer:

the fundamental orders of Connecticut was adopted by the Connecticut colony council of January 14,1639. it was the government setup that controlled the Connecticut river towns setting structure and powers. they wanted open access to oceans for trading

What are the advantages and disadvantages of using price controls and subsidies to support American agriculture?

Answers

Answer:

   The advantage is that they will lead to lower prices for consumers.

   This may be important if the supplier has monopoly power to exploit consumers.

   Maximum prices are usually reserved for socially important goods, such as food and renting.

_____________________________________

   The disadvantage is that it will lead to lower supply. If firms get a lower price, there may be less incentive to supply the good, and the number of properties on the market declines.

   A maximum price will also lead to a shortage – where demand will exceed supply; this leads to waiting lists. In housing it could lead to a rise in homelessness.

   A maximum price can lead to the emergence of black markets as people try to overcome the shortage of the good and pay well above the market price.

_____________________

   Higher prices for consumers. We had to pay more for food.

   Higher tariffs necessary on imports. .

   Minimum prices encourage oversupply and are inefficient. The CAP encouraged farmers to produce food that no one actually wanted to eat. This included using more chemicals to increase yields

   

ASAPPP!!!! Place the following events in chronological order. -World War II ends. -Corazon Aquino is elected president of the Philippines. -India gains independence from the British. -East Pakistan is declared the independent nation of Bangladesh.

Answers

Answer:

First World War II ends.

Second India gains independence from the British.

Third East Pakistan is declared the independent nation of Bangladesh.

Fourth Corazon Aquino is elected president of the Philippines.

Answer:

1. World War II ends

2. India gains independence from the British

3. East Pakistan is declared the independent nation of Bangladesh

4. Corazon Aquino is elected president of the Philippines

Explanation:

Which crusade
involved the most travel: the
First, the Second, or the Third

Answers

it will most likely be the first

In traditional African slavery, what happened to enslaved people who integrated into the society of their captors? 1. They often had an opportunity to purchase their freedom. 2. They were generally not allowed to earn wages. 3. They were not allowed to marry. 4. They had few opportunities to improve their social position.

Answers

Answer:

The correct answer is A.) They Often had a an opportunity to purchase their freedom.

Explanation: Just got it right on Egde 2020

In traditional African slavery, those integrated in to the society of their captors were given the opportunity to purchase their freedom.

In some parts of America, slaves had the opportunity of having their freedoms back if they could have a negotiation with their masters or owners on a purchase price.

This was basically the way that the slaves helped themselves to freedom. They had to make pledges and honor it to be free.

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Let's take a closer look at NSC-68. Read the part of the document that is titled "Background of the Present Crisis." Beginning with the third
sentence in the second paragraph--the one that starts, "Second, the Soviet Union, unlike previous aspirants to hegemony, is animated by...."
rewrite the last three sentences in that paragraph in your own words.
Read the original text of NSC-68. Use other Internet resources to clarify any terms or ideas that you find puzzling.

Answers

Answer:

Here's my rewrite

The Soviet Union is consumed by a new belief, completely opposite to ours; it's goal to force its authority over the rest of the world. Conflict has become common amongst the people, brought by violence and methods other than violence by the Soviet Union. If this conflict becomes total war, everyone faces mass annihilation due to the increasingly terrifying weapons of mass destruction.

And this is the example that Plato gives

Original text:

Second, the Soviet Union, unlike previous aspirants to hegemony, is animated by a new fanatic faith, antithetical to our own, and seeks to impose its absolute authority over the rest of the world.

Rewrite:

Unlike other countries that have wanted power, the Soviet Union is driven by a philosophy that is not at all like that of the United States—the Soviet Union wants to dominate and control the entire world.

Original text:

Conflict has, therefore, become endemic and is waged, on the part of the Soviet Union, by violent or non-violent methods in accordance with the dictates of expediency.

Rewrite:

So, conflict has become an accepted way of life for the Soviet Union, and the conflict is either violent or nonviolent, depending on the desired goals to be achieved.

Original text:

With the development of increasingly terrifying weapons of mass destruction, every individual faces the ever-present possibility of annihilation should the conflict enter the phase of total war.

Rewrite:

Now that atomic bombs have been developed, we must face the possibility of the complete destruction of world if we go to war with the Soviet Union.

Explanation:

Up to you which one you decide to use as an example! ^^

Voter turnout refers to _______________.
a.
the number of issues listed on the ballot
b.
the number of polling locations available for people to vote
c.
the number of votes cast for a particular candidate or party
d.
the number of registered voters who actually go to the polls and vote


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer: D the number of registered voters who actually go to the polls and vote

how do you describe philosophy

Answers

The term "philosophy" means, "love of wisdom." In a broad sense, philosophy is an activity people undertake when they seek to understand fundamental truths about themselves, the world in which they live, and their relationships to the world and to each other.

las distintas tecnicas, herramientas y tecnologia que se desarrollaron en la prehistoria
¿cuales fueron?

Answers

Prehistoric technologies correspond to the set of stone utensils and tools: oil lamps, cave paintings, bow and arrow, needles, among others made by man before the invention of writing.

Why was trade with Asia so important to European nations?
Asia was the only place Europeans could sell their wool and timber
Asia had highly prized goods that Europe didn't have
Europeans wanted to leam more about Asia,
Europeans could easily travel to Asia,

Answers

Answer:

Asia had highly prized goods that Europe didn't have. so B is the answer

Asia was important to European nations because Asia had highly prized goods that Europe didn't have. Thus, option B is correct.

The exchanges of ideas that occurred between the great centers of civilization in Europe and Asia in antiquity involved long-distance trade significantly. Although some of these trade routes had been in use for many years, by the start of the first century A.D., traders, diplomats, and travelers could (theoretically) travel from Britain and Spain in the west to China and Japan in the east.

The primary objective of the trade routes was to transport surplus raw resources, consumables, and luxury products to places that were in need of them. Certain materials or products were monopolized in some locations. Silk from China, for instance, was a major supplier to West Asia and the Mediterranean region, while spices were mostly procured.

Therefore, option B is the ideal selection.

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Why did the Spanish tend to settle and intermarry with the Indian population whereas the English killed the Indians, drove them out, or confined them to separate territories?

Answers

Answer:

You have to take into account that the Spanish arrived to the New World a long time before the English did, and the Spanish also did not settle in the parts the English settled in. The Spanish went to the Incas, the Aztecs, and the Mayas, all civilizations that were incredibly advanced and immensely powerful. The Conquistadores were few in number, while the Natives were plentiful. The Spanish had no other choice but to kowtow down to the Natives for the time being. As their Old World diseases ravaged the Native population, the Spanish eventually usurped power.

Explanation:

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