Economic analysis is a tool that
A) aids all decision making.
B) helps us understand why people make mistakes.
C) helps us forgive selfish people.
D) complicates decision making.

Question

Quizplus · Accepted Answer

Economic analysis is a useful tool for all decision making, as it helps individuals and organizations weigh the costs and benefits of their choices and make informed decisions. It can be applied to a wide range of areas, from personal finances to public policy. While it may complicate decision making in some cases, the benefits of using economic analysis usually outweigh any potential drawbacks.

Economic Analysis Is a Tool That