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Marta_Voda [28]
3 years ago
10

Lee saves most of his money from his paycheck; he forgoes restaurant meals, new clothes, and a new car, and he lives in a small

one-bedroom apartment. He understands that his utility is low now. However, his ______________ will give him _____ utility in the future.(A) intertemporal decision making; higher(B) intertemporal decision making; lower(C) planning; lower (D) time-preference decision making; higher
Business
1 answer:
jekas [21]3 years ago
8 0

Answer: Option A    

           

Explanation: In simple words, intertemporal decision making refers to the study of how the decision made by an individual today affects the choices that he or she have in the future. It is based on the assumption that less consumption today will bring significant increase in consumption tomorrow.

In the given case, despite of having enough income to lead a healthy lifestyle  in present,Lee decided to save his money in the future. This will lead to choices fro him that will give him higher utility.

Hence from the above we can conclude that the correct option is A.

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Why do you think organizations tend to focus on the creation of one type of value but not both?
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Organizations tend to focus on the creation of one type of value but not both because organizations do  believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value  is enough.

Social value means the enhancement of the people and their lives by the combination of different resources.

Economic value means the creation of money or value in any economy by the organization.

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4 0
2 years ago
On Mar 3, Lyons Company paid dividends of $1,000. Use your knowledge of what a correct journal entry should look like to identif
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E:cash would be debited and listed first
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3 years ago
A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintai
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<span>The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.</span>
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4 years ago
The emergency food assistance program distributes ___________ for home and institutional use. funds to buy food meals grocery st
GalinKa [24]
Food. Is there anything else to this?
4 0
3 years ago
The December 31, 2009, balance sheet of Anna’s Tennis Shop, Inc., showed current assets of $2,584 and current liabilities of $1,
Igoryamba

Answer: ($203)

Explanation:

The company’s 2010 change in net working capital will be calculated thus:

Net working capital = current assets - current liabilities

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= $1393 - $1596

= ($203)

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3 years ago
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