d2esti7Klela
d2esti7Klela d2esti7Klela
  • 12-04-2016
  • Business
contestada

A person studying economics can make better choices about purchases if that person understands

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andriansp andriansp
  • 15-04-2016
If that person understand consequences

In Economics, Consequences refer to how one economic decision will affect other circumstances

For example if that person could foreseen how purchasing a specific machine could increase his overall revenue in the next 5 years, so he gain more than what he loss
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nicolelexi33
nicolelexi33 nicolelexi33
  • 03-09-2020

Answer:

A person studying economics can make better choices about purchases if that person understands consequences and tradeoffs.

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