What is the definition of a benefit?
A.
a government-provided reward
B.
a high rate of return on investment
C.
an advantage of making a specific choice
D.
an ability to produce better goods than the competition
A city council has $100,000 to spend on city improvements. The council may choose to spend this money on buying two new fire trucks or updating four local parks. Which of the following is a trade-off of choosing to spend the money on four local parks?
A.
Firefighters must use older trucks.
B.
Local parks will be open shorter hours.
C.
More people will enjoy visiting local parks.
D.
No money will be available to pay firefighters.
You have limited money with which to buy lunch while out with friends. What is the most likely short-term consequence of choosing to spend all of the money on a pack of cookies in the morning?
A.
getting hungry in the afternoon
B.
saving money for another lunch
C.
giving up eating lunch tomorrow
D.
deciding to eat cookies for lunch every day
Devin and Manny are both shopping for a new home. Devin has a high-paying job, but needs a home equipped for a person in a wheelchair. Manny has a low-paying job and would like to live in a very specific neighborhood near his friends.
Use the passage to answer the question.
From the information in the passage, why might Devin and Manny select different homes? Select the two correct answers.
A.
They have different needs that likely cannot be met by the same home.
B.
They like the looks of different styles of houses.
C.
Devin can afford to spend more money on a home than Manny can pay.
D.
Manny is willing to look in more areas than Devin will search.
PLZ help i am so confused
C
A
A
A C
I got 100%
C , A , A , A C
These are the correct written out answers for Economic Decision Making quick check:
1. An advantage of making a specific choice
2. Firefighters must use older trucks
3. Getting hungry in the afternoon
4. They have different needs that likely cannot be met by the same home/ The like the looks of different styles of houses
Always trust the written out answers! The just letter responses aren't always trustworthy. Remember to scroll all the way through and look for the written out answers. Make sure these answers match up to the responses on your quiz! If there aren't any written answers that's okay! And please only come on here if it is absolutely necessary. Never shame someone for 'cheating' you don't know what they are going through!
Bye my loves, baes, and theys!