The decision which does not incur any expenses is known as _________.

economic decision
crisis decision
non-economic decision
problem decision

The correct answer is C. non-economic decision.

An economic decision is a decision that involves the allocation of scarce resources. A crisis decision is a decision that must be made quickly in response to a sudden and unexpected event. A problem decision is a decision that is made to solve a problem. A non-economic decision is a decision that does not involve the allocation of scarce resources.

Here are some examples of non-economic decisions:

  • Deciding what to eat for dinner.
  • Deciding what to wear to a party.
  • Deciding what movie to watch.
  • Deciding what book to read.

These decisions do not involve the allocation of scarce resources. They are simply decisions that people make on a daily basis.

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