This topic contains a solution. Click here to go to the answer

Author Question: The costs which can be avoided if we alter our decisions or choices are referred to as: a. average ... (Read 78 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
The costs which can be avoided if we alter our decisions or choices are referred to as:
 a. average costs.
  b. opportunity costs.
  c. marginal costs.
  d. sunk costs.

Question 2

The study of decision making that assumes people are rational in a broad sense, even if they do not have complete and perfect information is called _____.
 a. rational economics
  b. reasonable economics
  c. understandable economics
  d. behavioral economics
  e. optimal economics



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

d




Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jun 30, 2018
Gracias!


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

For a complete list of videos, visit our video library