(economic)
Problem Solving Assume you have $50 to spend and are considering spending it on one of the following items
dinner with a friend $50
concert ticket-$30
new shirt-$50
Create an economic model to evaluate the trade-offs among the different choices. Draw a decision-making grid and list the alternatives in the first column and the criteria you will use to compare the choices along the first row. Complete the chart and make a choice, explaining why you decided on that alternative.
