Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. A rational decision is one that a. satises all desires. b. avoids the intentional allocation of resources. c. assigns available resources in the manner
2. A rational decision is one that a. satises all desires. b. avoids the intentional allocation of resources. c. assigns available resources in the manner most preferred by decision makers. d. assigns available resources to the uses with the lowest opportunity costs
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started