Explain the trade-offs that you faced

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Reference no: EM133637643

Question

One of the lessons of economics is that "there is no such thing as a free lunch." This means that businesses, consumers, and whole societies face tradeoffs whenever they make a decision.

1. Explain a decision that you have made at work, or one concerning your career, or any major life decision that you have made.

2. Identify and explain the trade-offs that you faced.

3. List the alternatives you had, identify the highest valued alternative, and explain your final decision.

Reference no: EM133637643

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