jueves, 5 de agosto de 2010

Opportunity Cost

Life's full of choices.
And every choice has a cost... an opportunity cost.
Read the following case...

"INSERT CASE HERE"

Now answer the following questions:
1. What are the possible choices the Juanito can make?
2. What's the opportunity cost of each decision?
3. Are all the possible costs monetary?

Publish your answer as a comment and reply to the answers of another classmate. The reply must debate the contribution of your classmate and explore other options to the ones displayed.
Due date: Before the August 27th class.

Evaluation:
Each question is worth 25%.
The reply to another classmate is worth 25%.