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When an individual weighs her options and makes a choice

Question : When an individual weighs her options and makes a choice : 7975

When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of

a) objective decision making because the value of goods is determined objectively

b) rational decision making

c) random decision making

d) marginal management analysis

Solution
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Economics 1 Year Ago 150 Views
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