Business, 06.09.2020 02:01 hernandezbrandon059

Which of the following are necessary to make a rational choice? a. An unlimited flow of information and stock of resources to enable individuals to make the best choice.
b. Time and information, which are both scarce and valuable.
c. A reasonable hypothesis and simplified assumptions.
d. Accurate prediction of the average behavior of groups and the secondary effects that may result from the choice.

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Which of the following are necessary to make a rational choice? a. An unlimited flow of information...

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