Question

Using complete sentences, describe how to use economizing when making a decision.

Answer 1

Sample Response: Using economizing when making a decision means making the decision based on the lowest cost and the highest benefit. Economized decision making means giving up as little as possible while gaining as much as possible. To do this, people may employ various methods of economic thinking, including thinking at the margins, analyzing potential trade-offs, and differentiating between high cost and low cost decisions.

Step-by-step explanation:

Edge 2020

Answer 2

Economizing when making a decision will be akin to being effective and worrying about spending

Step-by-step explanation:

Economizing is a great asset one can have as it makes people wonder where they can cut costs and most of the unnecessary expenses are so eliminated by them that would not have been otherwise.

Thus, while making the decisions too one can see how this in a sense makes people clear the clutter that has sprung up for them everywhere.

This clutter is what gets cut out and then one can have a clear decision and not muddled up.