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Find out what the definition of a cost and a benefit is in terms of the economy when using this site. "When making a decision, students should consider the costs and the benefits of that decision."
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cost/benefit analysis, decision making, distribution of goods, econedlink, economic reasoning, financial advice, opportunity cost of lifetime, opportunity costs-based decisions, council for economic education, e.dm.14, econedlink: costs and benefits of 'the three little pigs', economic incentives, consumer, opportunity costs
Classroom Considerations
- Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
- The intended use for this resource is Instructional