Making decisions requires trading false one thing for another. I have an example of a girl who had to decide how she could use her valuable time in between her studies. For ever minute she studies one subject she gives an instant she could have used conceiveing the other and for every hour she fagged studying she gives up an hour that she could have spent watching TV, going to her dance class, or shopping at the mall. The subjects that she is taking are psychology and another class that she is taking is economics so she has to decide which one that she is going to study first. If it happens that she has a test coming up the following sidereal day on economics she go away have to leave psychology over economics by studying the economics that she will be tested for the following day and come cover charge to study psychology after she might have been through with her economics test. Another example of pile off-key is to socialize with her friends, go to parties, or go for a crack. She could have gone to parties for two hours and bargain the party for taking a walk and decide to join the party later or flat trade off walking and not showing up for the party.
People make decisions that will favor them when people are grouped into societies they face different kinds of trade offs.
The classic trade off is between guns and butter The more we transcend on national (guns) to protect our shores from foreign aggressors, the less we can spend on consumer goods (butter) to raise our standard of living at home. besides important in the modern society is the trade off between a clean environment and a amply level of income.
2.The Cost of Something
Some people face trade offs making decisions requires comparing the costs and benefits of alternative causes of action. For example, giving up a baby-sitting job to go to college, because you know that when you finish college youll die something better out of it, and you will become a headmaster after college, in other words the time that you...If you want to get a full essay, order it on our website: Orderessay
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