Topic: Opportunity cost
Style | APA |
Number of words | 345 |
Number of sources | 2 |
Spacing | Double |
PowerPoint slides | 0 |
Subject: Managerial Economics MBA 540
Details: Every time we have to make a choice we are faced with an opportunity cost. Using an example in your professional life, identify a situation where you were presented with a choice, the opportunity cost of the choice you made, and the process you used to make your choice. As part of your discussion, explain whether or not, responsible stewardship, played a role in your choice. Remember to use the appropriate economic concepts and terminology that are applicable to your answer.