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ConsideringTradeoffsYou Make Every Day Let's talk about twotradeoffswe face every day: how we spend our time and money. We can spend our income, or save it for investing. We can spend time working to...

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ConsideringTradeoffsYou Make Every Day

Let's talk about twotradeoffswe face every day: how we spend our time and money.
We can spend our income, or save it for investing. We can spend time working to earn an income, or we do other things that we broadly call leisure.

Reply to these prompts to start your discussion:

  • Describe atradeoffyou havemade in terms of your income or your time. What choice did you make with your money or time? Why did you make that choice?
Answered Same Day Aug 09, 2021

Solution

Komalavalli answered on Aug 09 2021
145 Votes
Trade off
Trade off describes the situation where giving up a consumption of one good in order to acquire benefit from other good. I would like to discuss about the tradeoff I have made in terms of income. I had planned to pursue higher studies instead of going to a job. If I go to job after...
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