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In Social Studies / High School | 2014-09-19

List the decision-making strategies that economists use.

Asked by osborneemily95

Answer (2)

Growth strategies,Scale strategies,Operations strategies and Financing strategies are used by economist in decision making which i'm sure i listed all.

Answered by enochk49 | 2024-06-10

Economists use decision-making strategies like evaluating opportunity costs, maximizing personal utility, marginal analysis, trade-off assessments, and structured processes like PACED. These strategies help analyze choices at both individual and systemic levels. Understanding these strategies enables better-informed economic decisions.
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Answered by Anonymous | 2024-12-26