Notes
Notes - notes.io |
analysis in-depth study
benefit what is gained when a decision is made
condition circumstance
cost what is given up when a decision is made
maximize to receive the most from
nominal value the value of a good or service in terms of money
rational behavior behavior based on what will bring the most satisfaction, under certain conditions
rational thinking thinking that considers something in a logical way
real value the value of goods or services when compared with other goods or services; the relative value of something
satisfaction happiness
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