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Anonymous Posted 18 years ago
Grammar

Plz fix any grammar mistakes Thanks!

A) A day before Labor Day, I needed to make the decision to either work all day or have fun with my friends. I was saving money to buy a new TV at that time. Therefore, earning some extra money for my new TV has a greater value than having fun with my friends to me.
cost is the value of what is foregone in order to have something else. Any decision that involves a choice between two or more options has an opportunity cost. In my case, the opportunity cost is the happiness and joy that would have been felt with my friends. But, in order to earn some extra money for buy a new TV, I choose to work all day instead of having fun with my friends.



B) My brother used to work full-time at a used car dealership as a car salesman. Since he did not complete his college degree, he plans to return to school to complete his college degree. Last year, he chose to return to school, because he thinks the benefits of going to school are greater than working full-time for his remaining working life. Then, the opportunity cost is the salary that would have been earned at the full-time job. But in light of going back to gaining a post secondary education, there is a higher chance of a better paying job and personal fulfillment.
  
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