Doo 38. Rational decision making requiresthatA. O One's choices be arrived atlogically and without errorsB. O One's choices be consistent withone's goalsC. O One's choices never varyD. O One makes choices that do notinvolve trade offs

To find : What is required to make rational decision.

Answered: 38. Rational decision making requires…

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Economics

38. Rational decision making requires that A. One's choices be arrived at

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Doo

38. Rational decision making requires
that
A. O One's choices be arrived at
logically and without errors
B. O One's choices be consistent with
one's goals
C. O One's choices never vary
D. O One makes choices that do not
involve trade offs

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