Problem
Give two real life examples of how economics can be used to improve decision-making with original examples not found in the textbook. Explain how following the three step approach can be used 1. Who is making bad decisions? 2. Does the decision maker have enough information to make a good decision? 3. The incentive to do so? (In 300 words)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.