answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What rational people think about the margin?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the Four elements of the economic way of thinking?

- Use Assumptions to simplify - Isolate Variables--Ceteris Paribus - Think at the Margin - Rational People Respond to Incentives


Four principles of economic decision making?

There are actually ten principles of economic decision making. The first four are, people face trade offs, the cost of something is what you give up to get it, rational people think at the margin, and people respond to incentives.


Why did the Greeks have to unite witht he Persians?

Most rational people think they fought them.


What does thinking at the margin mean?

Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.


Are people sure that John f Kennedy was assassinated?

I do not think any rational person doubts that he was assassinated. Who did it and why people are not so sure about.


What would happen to people that think it is rational to believe in god?

Then they believe in God and believe their lives are the better for it.


Rational people thinks at the margin?

heard the saying, "More trouble than its worth?" Rational people will make decisions based on if the marginal benefits exceed the marginal cost. If you buy a used car, and plan to spend $10,000, but the car is only priced at $6,000, would you still buy it if it needed $5,000 in repairs? of course not because 1) you are a rational thinker and 2) you would end up spending more than you planned to. :)


What do you think rational numbers cannot have denominators equal to zero?

If you have a rational number a/b, when b goes to 0, a/b goes to infinity, and people don't know how to deal infinities yet!


Who are more rational buyers-men or women?

I think a man is a rational buyer. Do you know why?


Are man or women more rational buyers?

I think that women are more rational buyers.


Who are more rational buyers men or women?

I think a man is a rational buyer. Do you know why?


A sentence for rational?

people find me rational at specific times