Unit Test

Question 1

Paying rent is a , while buying a new video game is a .

Revolt · Accepted Answer

need

Question 2

If you buy a new video game, you cannot pay your cell phone bill. This is an example of .

Revolt · Accepted Answer

realizing opportunity cost

Question 3

Paying rent is a , while buying a new video game is a .

Revolt · Accepted Answer

want

Question 4

If Mason wants to consider his short-term and long-term goals, which questions should he ask? Check all that apply.

Revolt · Accepted Answer

Do I want the bike this month, or should I wait and buy it during the summer?; Will buying the bike keep me from reaching another goal, like buying a car?; Do I really need the bike, or can I get by with my old one for a while longer?

Unit Test Answers

More from this Course

TRY EDGENUITY HACKS