Which of the following would be consistent with taking the short-run approach to decision-making? Studying for...
Which of the following would be consistent with taking the short-run approach to decision-making?
| Studying for an economics test instead of going to a party |
| Going to the gym instead of watching TV |
| Eating a salad for dinner when it is your goal to eat healthily |
| Buying a new leather jacket instead of saving for retirement |
Homework Answers
Buying a new leather jacket instead of saving for retirement would be consistent with taking the short run approach to decision making.
Note: Short run approach of decision making includes choosing among the alternatives with immediate effect.
So, the correct answer is an option (d).
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Which of the following would be consistent with taking the
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