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A Person who has well-defined and consistent set of prefrences , and who knows how his personal choices will affect those prefrences.
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∙ 11y ago
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Is 48 rational or irrational?
No, it is rational.
Is the negative square root of nine rational or irrational?
It is rational. It is rational. It is rational. It is rational.
What is an rational?
"Rational" is an adjective and so there cannot be "a rational" (and certainly not "an rational"). Any answer would depend on whether the question was about a rational number, a rational person, a rational argument or "a rational" combined with some other noun.
Is the number 5 rational or irrational?
It is rational.
Is 54 a irrational or a rational number?
It is rational.
Is economists maximizers or misers?
yes
What is rational choice theory?
This is where a consumer tends to maximise utility
Where could one get a maximizer?
Maximizers can be found in a variety of places. Most local vitamin shops with carry some types of 'maximizers'. Super Walmarts might carry them, but only the superstores the regular store most likely wont carry them. GNC offers multiple types of maximizers.
What will a rational consumer does?
A rational consumer is a consumer who hesitates to be satisfied with the little amount he has. A rational consumer, therefore tries to maximises inorder to get its total utility. He might not decide to draw a scale of preference because he has alimited resources.
What are the assumptions of cardinal utility approach?
Primarily cardinal utility approach has 5 assumptions. 1 rationality: the consumer is rational about his spending. 2 cardinal utility: the utility/satisfaction can be measured in cardinal NOs like 10, 8, 15, 20etc 3 constancy of money: The money of consumer must remain constant. 4 diminishing marginal utility: Marginal/additional utility of consumer decreases along with successive use of any commodity. 5 total utility: Total utility depends on quantity of commodity. 3
What is behavioral finance?
Behavioral finance is the study of human behavior in finance, which is not always 100% rational as classic finance predicts (risk averse, utility maximizer).
Is 0.34343434 rational or irrational?
Rational
Is 1.14 is irrational or rational?
1.14 is rational.
-3 5 rational or irrational?
Rational. Rational. Rational. Rational.
Is 19 over 14 rational or irrational?
rational
Is 4.6 irrational or rational?
4.6 is rational.
Is 48 rational or irrational?
No, it is rational.
