A Rational Decisionmaker Takes an Action If and Only If

question 220

True/False

A rational decisionmaker takes an action if and only if the marginal cost exceeds the marginal benefit.

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Definitions:

Omnivores

Organisms that obtain energy and nutrients by consuming a diet made up of both plant and animal products.

Dentition

The arrangement or condition of the teeth in a particular species or individual.

Cro-Magnon

Common name for the first fossils to be designated Homo sapiens.

Spears

Long-shafted weapons with a pointed tip, historically used for hunting and combat by various cultures around the world.