Suppose that the cost of hiring your mechanic (includingthe cost of parts) is $200 an hour up to four hours and$300 an hour over four hours (she charges for her timein one-hour increments). Your benefits and other costsare the same as in Tables 3.1 and 3.2 . Construct a tablelike Table 3.3 . What is your best choice?

answer; i do believe that the correct answer is (6) points in georgia;

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a

answer; functional fixedness;