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Earn +20 ptsQ: Monetary and non monetary factors of motivation?
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Continue Learning about Economics
What is classification of family into monetary and non-monetary activities?
Monetary activities mean that you have to spend money to do the activity. However, non-monetary means the activity is free. Monetary and non-monetary are classifications for activities.
What are the results from that costs and benefits are based on personal prefences?
Both monetary and non-monetary factors are taken into account
Which of the following results from the fact that costs and benefits are based on preferences?
Both monetary and non monetary factors are taken into account.
What is the best characterizes the factors invovled in a cost benefit analysis?
Rational
Which of the following result from the fact costs and benefits are based on personal preferences?
Both monetary and non-monetary factors are taken into a account
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