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02-10-2022
History

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50 POINTS PLEASE HELP Economic Decisions Making is based on examining alternatives and weighing costs and benefits.

Consider the decision to put $1000 under your mattress where it will earn no interest. Identify 2 alternative ways to use this $1000. (4 points)

Of the 3 choices, explain which is the Best, and which is the Second Best. (2 point)

Explain your Opportunity Cost of choosing the Best Option over the Second Best Option. (What benefit of the second best choice do you sacrifice?) (4 points)

Answer :

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