Economy

Which is useful for making rational choices?

• An assembly line

• Financial planning

• Distribution Networks

• Discretionary Spending

Which is referred to as utility?

• Consumer satisfaction

• Producer allocation

• Availability of resources

• Effectiveness of advertising

Which describes opportunity costs?

• The benefits of the best alternative option that are given up by a particular decision

• A decision-making tool that weighs additional costs and benefits of going for one more unit of something

• Purchases for whatever someone wants

• The amount of reluctance a person has to taking chances