Answer:
A rational economic decision is the one in which an individual chooses to invest his time, money, and resources in activities that are going to fetch good returns for him.
Explanation:
- In some instances, people knowing full well choose to spend their time and money on things that aren't going to give a worthy output compared to the input. Such people can be called to be at an economic loss.
- When people instead opt to spend their time and money doing activities that would result in economic gains, it is termed as a rational economic decision.
