Business, 17.08.2021 22:50 jukesjameson12
1. Explain how the concepts of scarcity, choice, and opportunity cost relate to your dilemma.
My dilemma: Should I get a part time job?
-Costs: I wouldn’t have time for social events. (short-term)
-The job may interfere with my schoolwork. (short-term)
-I would need to find transportation. (short-term)
Benefits:
-I’d have my own spending money. (short-term)
-I will be able to afford a car. (long-term)
-I’d learn important skills for future employment. (long-term)
Answers: 2
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1. Explain how the concepts of scarcity, choice, and opportunity cost relate to your dilemma.
My di...
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