Multiple Choice
Discounting the future refers to
A) focusing on gains in the long run.
B) failing to consider inflationary costs.
C) underestimating the short-term effects of a decision.
D) weighing short-term benefits more heavily than long-term benefits.
E) failing to consider the effects of new entrants into the industry.
Correct Answer:
Verified
Correct Answer:
Verified
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