Responses
They are removing the opportunity costs of decisions.
They are removing the opportunity costs of decisions.
They are using a rational decision-making model.
They are using a rational decision-making model.
They are making irrational economic decisions.
They are making irrational economic decisions.
They are eliminating all trade-offs of the decision.
1 answer
The correct response is:
They are using a rational decision-making model.
When individuals make decisions where the benefits exceed the costs, it aligns with the principles of rational decision-making, which involves evaluating the options and choosing the one that provides the greatest net benefit.
