Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

50 POINTS PLEASE HELP Economic Decisions Making is based on examining alternatives and weighing costs and benefits.

Consider the decision to put $1000 under your mattress where it will earn no interest. Identify 2 alternative ways to use this $1000. (4 points)

Of the 3 choices, explain which is the Best, and which is the Second Best. (2 point)

Explain your Opportunity Cost of choosing the Best Option over the Second Best Option. (What benefit of the second best choice do you sacrifice?) (4 points)