ECO 561T Week 1 Discussion: Decision Making and Buyer Behavior
Discussion Topic for ECO 561T Week 1 Discussion
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.
Respond to the following in a minimum of 175 words:
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.”
Reply to at least 2 of your classmates. Be constructive and professional in your responses.
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