microeconomics discussion 1

1-1 Discussion: Opportunity Cost

 

“Introduce yourself briefly, including your program of study and career interests. Then address the following prompt:

In Chapter 2, you learned about the concept of opportunity cost, and the  Section 2.1 review video  demonstrated this concept. In your initial post, respond to the following:

· Describe the opportunity cost of attending a four-year college (assuming a full-time schedule, living on-campus). Given these opportunity costs, why do people choose a four-year college experience?

· In your own life, what are the trade-offs you face when choosing online classes versus traditional face-to-face classes?

In your response posts to your peers, comment on the trade-offs made by your peers, and contribute other costs and trade-offs that might be possible. Additionally, discuss why trade-offs differ among individuals, giving concrete explanation.”

https://www.youtube.com/watch?v=tB8quH_Y2Z0