You Are Trying to Decide If You Should Take a Day

Multiple Choice

You are trying to decide if you should take a day off from work to go to a casino. In making your decision, you compare what you would sacrifice to go to the casino (lost wages for the day, potential losses at the casino, the amount of work you will have to make up, etc.) with the enjoyment you would receive from the day off (relaxation, potential winnings, etc.) . The analysis you have just conducted is called

A) cost-benefit analysis.
B) comparative advantage analysis.
C) stress analysis.
D) sacrificial-wage analysis.