Elsa was offered a new job and wants to discuss it with her husband. which step of the decision-making process are elsa and her husband involved in when they consider how much the new job will pay, where it is located, and what elsa's new work hours will be?

The answer is "Analysis of the Problem."

Explanation:

Decision-making process is defined as the mental process that leads to the selection of an action among several alternatives. This is important since its outcome leads to a final choice.

Elsa's situation above can be considered in the "Analysis of the Problem" stage. This is the step which enables a person to investigate a problem or situation, in order to come up with possible solutions. In the case above, Elsa and her husband are investigating the job by researching on how much it pays, its location and the new working hours.

For example, they found out the location of the new job, they will be able to know how long it will take for Elsa to get there during work days. The information about the pay will also tell them how much they can spend every month, whether they will consider strict budgeting. This is now the solution to the problem analyzed.

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.

haile selassie i was the emperor of ethiopia from 1930-1974