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When People Make Short-Range Decisions (E

question 186

Multiple Choice

When people make short-range decisions (e.g., what they are going to do that week) rather than long-range decisions (e.g., decisions about things that are far off in the future) , they tend to focus more on ____.


Definitions:

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

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