Question
Which of the following best describes why people are impatient to make a purchase?
a. Many items are not available for purchase in the future.
b. People consider their opportunity costs carefully when making a decision.
c. Consumption today is valued more than consumption in the future.
d. There is nothing else that money can be spent on in the future.
a. Many items are not available for purchase in the future.
b. People consider their opportunity costs carefully when making a decision.
c. Consumption today is valued more than consumption in the future.
d. There is nothing else that money can be spent on in the future.
Answers
GPT 3.5
c. Consumption today is valued more than consumption in the future.
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