Questions
ECB1101 - S1 2025 Online Quiz 1
Single choice
After much consideration, you have chosen Ireland over Spain for your Study Abroad program next year. However, the deadline for your final decision is still months away and you may reverse this decision. Which of the following events could prompt you to reverse this decision?
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Step-by-Step Analysis
The question asks which event could prompt you to reverse a prior decision to choose Ireland over Spain for your study abroad.
First, we acknowledge the provided correct option: 'd. The marginal benefit of going to Spain increases.' This makes sense conceptually: if the benefit you expect from choosing Spain rises, the opportunity cost of staying with Ireland grows, making reversal more appealing.
Now, since the answe......Login to view full explanationLog in for full answers
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