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Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 9
Give an example from your own life of a situation where you or someone you know uses a precommitment to overcome a self-control problem. Describe why the precommitment is useful and what it compensates for. Avoid any precommitment that was mentioned in the book.
Explanation
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Pre commitment:
Pre commitment refers t...
Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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