Decisions | Economics homework help

Decisions | Economics homework help.

Respond to the following in a total of 175 words combined:

People may make bad decisions because they fail to compare the relevant costs and benefits. Do you agree? Provide an example of when you made a bad decision, and an example of when you made a good decision. Did you compare the relevant costs and benefits?
Discuss an example of behavior you have observed that could be described as “smart for one but dumb for all.”

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