Discussion:
Based on what you learned this week regarding opportunity costs, describe what you would do in each of the scenarios below. In addition, explain your logic and rationale behind your final decision in each situation.
Should I go to graduate school to get my master's degree at the cost of $25,000 per year, or continue at my job making $25,000 per year?
I want to be an entrepreneur, so should I focus on growing my business, or put more hours in at my current job?
Should I save an extra $100/month or put $100/month towards my high interest credit card debt?
Should I go out with my friends to that trendy new restaurant I've been wanting to try, or stay in to work on my freelance projects?