Someone who has to decide whether to receive $100 now or $100 1 year from now will probably choose _____ since there is a(n)_____ in waiting to use the money.

Question

Quizplus · Accepted Answer

People generally prefer to receive money now rather than later due to the opportunity cost of waiting, which includes potential interest earnings or other benefits that could be gained by using the money immediately.

Someone Who Has to Decide Whether to Receive $100 Now