Principles of tradeoffs and opportunity costs

You have one semester left to graduate and you have the finances to do a maximum of four courses. Three of the courses are required courses. The last course slot belongs to an elective. You have narrowed down your choices to three electives, all of which are very popular and very useful courses that you are very interested in. Decide on the course you want to take. Then using at least two economic decision-making principles, explain why you are making this choice.

Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Requirements: 1page

Answer preview

I will consider the opportunity costs of each class. The marketing and advertising class is necessary because it will enable me in my future business endeavors. (Rasch, 2019). By choosing this class, I will lose the opportunity to learn about corporate selling, essential in my profession. I will also lose the skills of pitching products, communicating with other people, and corporate valuation skills, which are essential for my future career. I will also give up on pursuing my interest in theatre production.

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Principles of tradeoffs and opportunity costs

 

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