Which of the Following Is an "Either-Or" Decision

question 51

Multiple Choice

Which of the following is an "either-or" decision?

• A) Allen must decide how many courses to take this semester.
• B) Sally must decide how many hours to spend studying for each of the four courses that she is taking this semester.
• C) Chris must decide how many hours to work each week at his part-time job.
• D) Dylan must decide whether to major in economics or finance.

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Definitions:

Economists

Professionals who study how societies use resources to produce and distribute goods and services, analyzing economic theories and applying them to various sectors.

Making Assumptions

The process of establishing certain premises or conditions as given for the purpose of analysis or decision-making.

Economists

professionals who study the production, distribution, and consumption of goods and services, and analyze economic issues and trends.

Mortgage-backed Security

A type of asset-backed security that is secured by a collection of mortgages, allowing investors to gain exposure to the home loans market without directly lending to borrowers.