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

People began to have a more personal and emotional religious experience, as well as questioning the authority of the church during the _______________

Mayflower

New Amsterdam

Great awakening

Bacon’s Bebellion

Answers

Answer: I believe it would be the Great Awakening

Explanation: The Great Awakening was a religious revival that impacted the English colonies in America during the 1730s and 1740s. The movement came at a time when the idea of secular rationalism was being emphasized, and passion for religion had grown stale. The result was a renewed dedication toward religion.

Between 1820 and 1860 ,the political party that opposed immigration the most was known as the ____
a.
Whigs
b.
Nativists
c.
Nationalists
d.
Loyalists


Please select the best answer from the choices provided

A
B
C
D

Answers

I think the correct answer is c

Answer:

I believe it's b. the Nativists

How were the causes of the American and French revolutions similar?

Answers

Answer:

The Causes of the French revolution and the American revolution are similar because they both were partially prompted by an over-reaching monarch, another similarity was that both revolutions were started by the commoners who wanted revolution to improve their lives, however a key difference is that the American ...

Explanation:

Identify whether or not this statement is true or false. If any part of the statement is false, then the answer is false.

Since Israel declared independence from Great Britain in 1948, the United States has depended on the Jewish state of Israel, one of America's closest allies in the Middle East, to help carry out American foreign policy in that region of the world.

Please answer with true or false and an explanation.

Answers

Answer:

Falsa

Explanation:

F

How did France’s contributions help the Americans in the War of Independence?

Answers

Answer:

France provided the money, troops, armament, military leadership, and naval support that tipped the balance of military power in favor of the United States and paved the way for the Continental Army’s ultimate victory, which was sealed at Yorktown, VA, five years after Franklin embarked on his mission.

Explanation:

Wars between the British and French kingdoms dated back to the 12th century, and the conflicts intensified as England, France, and Spain established and expanded their colonial empires beginning in the late 15th century.

France had suffered bitter defeat in the most recent conflict, the Seven Years’ War (1756-63), which included the French and Indian War in North America. It had lost most of its claim to North America, having been forced to cede to England most of its land there, including all of Canada.

As England’s American colonies became ever more rebellious in the 1760s and 1770s, France was naturally predisposed to favor the American revolutionaries and saw an opportunity to try to blunt the power of its longtime adversary. It began providing covert support – beginning with badly needed gunpowder – in the spring of 1776.

The Declaration of Independence was well received across France, and Franklin was warmly welcomed when he arrived in Paris in December. Franklin’s charm made him even more popular, and he became a celebrity as he labored to gain more support for the American cause.

Answer:

France provided the money, troops, armament, military leadership, and naval support that tipped the balance of military power in favor of the United States and paved the way for the Continental Army’s ultimate victory, which was sealed at Yorktown, VA, five years after Franklin embarked on his mission.

Explanation:

The hope and excitement spawned by the Declaration of Independence, announced just four months earlier, with Franklin among the signers, had been replaced by the dread of impending defeat in the face of the overwhelming military power of the British army.

Franklin knew his mission was straightforward, if not simple. He would use his intellect, charm, wit, and experience to convince France to join the war on the side of the fledgling United States of America. Franklin’s popularity, persuasive powers, and a key American battlefield victory were crucial factors that led France to join the war in 1778.

France provided the money, troops, armament, military leadership, and naval support that tipped the balance of military power in favor of the United States and paved the way for the Continental Army’s ultimate victory, which was sealed at Yorktown, VA, five years after Franklin embarked on his mission.

When British Gen. Charles Cornwallis surrendered at Yorktown on Oct. 19, 1781, his vanquished troops marched through a corridor formed by the victorious forces. On one side were the Americans; on the other side stood the French – a scene that mirrored how critical France’s support had been.

what are the names ochako's parents names​

Answers

Answer:

I have no clue because I don't watch anime-

what is the significance of the eagles stance

Answers

Explanation:

The Eagle represents the willingness of the United states to use force to protect its territories

It shows that basically we’re fighters and we’re not going to back down and we’re gonna protect our land

govemment passes a law increasing taxes on banks. Two days later, there
several bank robberies. A politician who opposed the taxes claims that
the new law is causing bank robberies. What is wrong with the politician's
argument?

Answers

Explanation:

The politician here is accusing the government's new law on increasing the taxes on banks, it only affects the banks not the criminals. This may not be the cause of the increase in bank robberies.

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.

What does it have to do with the U.S. isolating or being active in foreign affairs in Asia?

Answers

It has a lot to do with it dude like they’re in cahoots with each other honestly it’s kinda dangerous

who invented bicycle

Answers

Answer:

Karl von Drais was the first person to invent the bicycle

1) Approximately how many people died in the Civil War?
About 6800 people died.

2) In what years was the war fought?

3) What was the North army called?

4) What was the South army called?

5) What four slave states did not join the Confederacy?
1)
2)
3)
4)

6) What was the major reason for the war?

Answers

Answer:

maaaf aku ngak tau soal in dasr sekalijaanga kirim kirim jawaban boleh uuuuuhhhhhhhhhhhh
1. 750,000 people died
2. The civil war was fought from 1861-1865
3. The Union Army
4. The Confederate States Army
5. Delaware, Kentucky, Maryland and Missouri
6. The Major Reason for the war was the moral issue of slavery.

Hope this helps!

HELPPPPPP PLEASEEE!!!!
From island of the blue dolphins, connect Karana not killing Rontu to the real world/ society

Answers

Explanation:

seems, then, that Karana does not kill Rontu because he is helpless. She is unable to kill a defenseless creature, even if it has done her a grievous wrong. Karana's decision to bring Rontu back to her house is almost as mysterious as her decision not to kill him.

If you were a president what things would you change with society

Answers

Answer:

First, I will create an Office of Opportunity.

I would fix the crumbling infrastructure.

I would find The poor and the middle class jobs, jobs, and more jobs.

I would Progress on health care will take hard work and bipartisan cooperation. .

I would bringProductivity on the next president's agenda.

if u need any help, just let me know and can u plz mark me a brainliest please

Question 9(Multiple Choice Worth 5 points)
(01.02 LC)

Which group was most enraged by the Fugitive Slave Act?

Democrats
Slaveholders
Abolitionists
Secessionists

Answers

Answer: Abolitionists

Explanation: This law required that fugitive slaves seeking freedom be captured and sent back to their masters as part of a compromise in Congress (this angered Abolitionists, who believed escaped slaves deserved freedom).

Abolitionists were most enraged

If transportation costs increase substantially, how might the hospitality and tourism industry be affected?

Air travel will become too costly, leading people to choose to drive to closer destinations.
The industry will not be affected because transportation is a minor part of hospitality and tourism.
The whole industry will improve because travelers will have to pay more to get to their destinations.
Travel will become more expensive, causing people to stay home and hurting the industry.

Answers

If transportation costs should increase, Travel would become more expensive causing more people to stay home and hurting the industry.

According to the law of demand, when the cost of a good goes up, people would demand less of it because it would become more difficult to obtain.

As the cost of travelling to These destinations rises, people would not be able to afford the expensive cost of travelling. They would rather stay back at home.

The tourist industry on the other hand would suffer because they would get less supply of travellers. They would make less from tourism since people are no longer travelling.

Read more on https://brainly.com/question/22377659?referrer=searchResults

What were the main goals of American foreign-policy in the middle east

Answers

Answer:

Recent stated priorities of the U.S. government in the Middle East have included resolving the Arab–Israeli conflict and limiting the spread of weapons of mass destruction among regional states.

Explanation:

Which was a goal of Ivan the Great

Answers

Answer: In foreign policy, Ivan IV had two main goals: to resist the Mongol Golden Horde and to gain access to the Baltic Sea. Ultimately, he aimed to conquer all remaining independent regions and create a larger, more centralized Russia.

Explanation: https://www.biography.com/royalty/ivan-the-terrible#:~:text=In%20foreign%20policy%2C%20Ivan%20IV,a%20larger%2C%20more%20centralized%20Russia.

What was a result of Napoleon's economic reforms in France?

Answers

Answer:

Taxes were based on fixed rates and were no longer a surprise.

Explanation:

Because, The lower classes were no longer required to pay taxes. Tax collection was localized, and it differed from region to region

The answer is A - Taxes we’re based on fixed rates and we’re no longer a surprise.

Explanation:

The emperor Napoleon saw that France had a weak financial infrastructure and wanted to make changes to reform the French economy. He created the indispensable Bank of France and made fixed taxes rates. He also generated a system of tariffs and loans to make the local industry stronger.

How do JTA and JT facilitate the farmers in the agriculture sector?

Answers

Answer:

The JTA will responsible for managing agricultural inputs (seed, irrigation materials, plastic sheets, poultry, goat etc.) to the community, identifying/forming/reforming farmers groups, assist livelihood officer in conducting training to the local groups, forming saving and credit groups

make me brainlessly plz

How did geography influence the way Native American cultures developed, explained with examples and evidence? (Think regions)

Answers

Here are a few examples

At the northeast, the area is mostly forested. Tribes like the Cherokee would hunt deer and made their houses out of wood.

At the southwest, it was pretty hot and dry. Tribes like the Apache lived in cliffs and used irrigation to hydrate their crops.

At the middle of the continent is the Great Plains. Tribes like the Sioux hunted bison and made teepees instead of houses so that they can move easily.

At the arctic north, there was nothing but snow. Tribe like the Eskimo lived in igloos and fished or hunted seals.

The __________ works with other offices within the executive branch in developing policies to regulate things like pollution and air quality.

Answers

Explanation:

The office works with other offices within the executive branch in developing policies to regulate things like pollution and air quality.

what is the name of the world most amazing mountain​

Answers

Hi! I think the mountain to your question is Mount Everest. I hope this helps, Goodluck :)

Economists study poverty and income inequality to answer which of the following questions?
Select one:
O a. How does labor-force experience affect wages?
O b. What are people's wages?
O C. How do people adjust their behavior due to taxation?
O d. How much inequality is there in society?

Answers

Answer:

d

Explanation:

well economists study this bcoz their aim to is to understand why there is so much un-equality in our society in this modern day er

En qué región del mundo se originó el compás?

Answers

En la China se originó

Which of the following best describes a similarity between Thomas Hobbes
and Jean-Jacques Rousseau?

Answers

Answer:

The correct answer is C. Both believed that societies were built upon social contracts. Hobbes and Rousseau are both contractual philosophers of the Enlightenment period. They both deal with human nature, the origin of society, and how society should be ordered.

Explanation:

organizations wanted to be left alone by the U.S. government

Answers

Answer:

Latin america

Explanation:

In a theocracy, the people are
O accountable to God and to the President
never heard
considered sinful and must repent
obedient to God and therefore to the church

Answers

Answer:

obedient to God and therefore to the church

Explanation:

que tuvieron en comun los paises de los juegos olimpicos ..... osea algo en comun entre los paises ... algo que los alla puesto en el top 10

Answers

Explanation:

https://youtu.be/ipEbWgC-6nA

who is the strongest man in the world?​

Answers

Answer:

Brian Shaw

Explanation:

Brian Shaw is a strongman athlete from the United States who has won the World's Strongest Man events in 2011, 2013, 2015, and 2016. He made history by being the first man to win both the Arnold Strongman Classic and the World's Strongest Man competitions in the same calendar year in 2011, a feat he repeated in 2015.

OAmalOHopeO

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