201k views
15 votes
Which is not a means of making rational economic choices?

o measuring production levels
O analyzing marginal costs and benefits
O assessing opportunity costs
O considering utility

User Wranorn
by
3.2k points

2 Answers

6 votes

Answer:

Explanation: I just took the quiz! :)

Which is not a means of making rational economic choices? o measuring production levels-example-1
User Vlad Gurovich
by
3.0k points
11 votes

Answer:

measuring production levels

Step-by-step explanation:

Economic rational choices refers to a scientific frameworks that a person or a group can use in order to fulfill all of their interests and needs. The means are the things that we can use before we make those rational choices

To make a rational economic choices, there are several steps that generally need to be followed:

Understanding what want to be achieved - analyzing the resources that we possess to achieve it - formulating potential plans - assessing cost and benefit of our action - choosing the best plans.

Measuring production levels is an activity that we do after the plan is already executed. Is not something that we do before we make the choice.

User Becka
by
3.8k points