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