From Wikipedia, the free encyclopedia

Decision-making science is the study of how humans make decisions. Decision-making is an important process in [economics]. As resources are scarce, not all human [wants] can be satisfied. Therefore, humans have to make choices.

Important Concepts

Opportunity Cost

From Wikipedia, the free encyclopedia

Decision-making science is the study of how humans make decisions. Decision-making is an important process in [economics]. As resources are scarce, not all human [wants] can be satisfied. Therefore, humans have to make choices.

Important Concepts

Opportunity Cost


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