economics

posted by .

what do the principles of economics influence your decision making, interaction with others, and the economy as a whole

Im not sure what you are asking. Is it "what pricipals of economics affect decision making..." If so, I would use the principals of opportunity cost, utility and profit maximization. If you are asking what motivates people/firms in an economic system, I would say Price.

Plz be more specific

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. AP Economics

    Identify the trade-offs and opportunity cost of a decision using a decision-making grid. what is a decision making grid?
  2. 12th grade A.P.Economics

    Identify the trade-offs and opportunity cost of a decision using a decision-making grid. I know how to make a decision-making grid to show the opportnity cost....but how do i identify trade-off and opportunity cost in the grid?
  3. economic

    which of the 10 principle do you think play a major role in your decision Provide an example for each about decision making interaction and the working of the economy.Explain how that influences the marginal benefits and marginal costs …
  4. Economics

    Explain how decision making, interaction and the workings of the economy influences the marginal benefits and marginal costs associated with the decision to purchase a house?
  5. business economics

    explain using illustrations how the study of business economics helps business managers in decision making
  6. economics

    With illustrations, show how the study of business economics helps a business manager in decision making?
  7. Group Behavior in Organizations

    How does social influence/interaction affect decision making?
  8. economics

    how does the study of economics helps you in decision making in your day to day activities
  9. Principles Of Management - Decision Making

    If you have to stop to think about what kind of decision needs to be made and when, who will decide it, who needs to be consulted about it and who should be informed about it, you are making a : A. rational decision b. nonrational …
  10. Economics

    How do Positive and Normative Economics affect decision-making?

More Similar Questions