What you write for 2, 3, and 4 depends heavily on what you wrote for 1.
What did you write for question 1?
I'm in need of help really bad. I been sitting here( I got a serious butt ache) trying to figure out this answers and I only got question one. Plz at least explain these questions to me. I would highly appreciate it. :) you don't need to explain # 1 I got the answer.
1. Give an example of a fairly major purchase decision you've made in your lifetime. How did you justify the purchase? How did you prepare for it financially once you decided to make the purchase? (5 points)
2. What aspects of your decision-making process fit the description of a rational choice? Did you consider costs and benefits? Did you pay attention to both monetary and non-monetary factors? Did you consider opportunity costs? Explain. (5 points)
3. What information did you have or obtain that helped make this a well-informed decision? Was there something you didn’t know beforehand that you wish you had? (5 points)
4. Were there any parts of your decision-making process that weren’t rational? If so, describe one irrational element in your decision-making process. If not, describe one irrational economic decision you have made in your life. (5 points)
5 answers
#1
My 2013 Subaru Legacy 2.5i Premium is a fairly major purchase decision I’ve made in my lifetime. I bought it because I could afford it (it was used), I wanted a car and I thought this one was appropriate for me. My parents opened a bank for me when I was young and put money in to it yearly. Also, I work at a restaurant and save up money which allowed me to buy it.
I now it depends on Q 1, but I need explanations for 2, 3 , and 4.
My 2013 Subaru Legacy 2.5i Premium is a fairly major purchase decision I’ve made in my lifetime. I bought it because I could afford it (it was used), I wanted a car and I thought this one was appropriate for me. My parents opened a bank for me when I was young and put money in to it yearly. Also, I work at a restaurant and save up money which allowed me to buy it.
I now it depends on Q 1, but I need explanations for 2, 3 , and 4.
Those questions seem pretty obvious to me. Please look up words that you are not 100% sure of here:
http://www.dictionary.com or http://www.answers.com
Then let us know what your SPECIFIC questions are.
http://www.dictionary.com or http://www.answers.com
Then let us know what your SPECIFIC questions are.
1. Give an example of a fairly major purchase decision you've made in your lifetime. How did you justify the purchase? How did you prepare for it financially once you decided to make the purchase
How can you justify the purchase? How should you prepare financially once you have decided to make the purchase? I need help please
1 answer