Page 49 In A Knight\'s Tale, three friends are deciding what to do with 15 silve
ID: 1158592 • Letter: P
Question
Page 49 In A Knight's Tale, three friends are deciding what to do with 15 silver coins they won in a jousting tournament. They can spend their winnings immediately and live the good life for a while, or they can spend the money on training for the next tournament. They ultimately decide to spend most of the winnings on training for the next tournament. What does their decision represent? More than one choice may be correct. Correct Answer(s) Drag appropriate answerfs) here the only possible decision investment trade-off of present for future benefits consumption of consumer goods Incorrect Answer(s)Explanation / Answer
Correct Answers in this case are:-
a) Trade off of present for future benefits, as they have spended the money on training.
b) Only possible decision, because the case already says they finally spended the money on training, we actually are not making an decision.
Wrong Answers are:-
a) Consumption of consumer goods, the point is very clear.
b) Investment, because its an expenditure on training.
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