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Category > Economics Posted 17 Sep 2019 My Price 5.00

ECO 100 Week 5 Discussion Considering Tradeoffs You Make Every Day

"Considering Tradeoffs You Make Every Day"

Let's talk about two tradeoffs we face every day: how we spend our time and money. 

We can only do two things with income: spend it or save it. Time is the ultimate resource. We can choose to spend time working to earn an income, or we can do other things that we broadly call leisure.

Reply to these questions to start your discussion:

·         How might an increase in the wage rate affect what you do with your time? Also describe a tradeoff you’ve made in terms of time or income.

Talk about tradeoffs with your classmates:

·         Reply to one classmate who made a tradeoff to which you can relate. Discuss and compare your decisions.

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SmartExpert
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Status NEW Posted 17 Sep 2019 03:09 AM My Price 5.00

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file 1568692831-ECO 100 Week 5 Discussion Considering Tradeoffs You Make Every Day.docx preview (415 words )
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