Opportunity costs The first opportunity cost that I made was choosing to enroll in a university that offers online courses or going to a traditional university that only has classroom style learning. The pros of attending online for me included not having to commute back and forth 40 additional miles per day‚ not having to hire a babysitter for my child‚ and I’d be in the comfort of my own home or environment to my liking when I studied. The cons included‚ not having that social connection to my
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Both Parents Should Assume Equal Responsibility in a Raising a Child Rebecca Bell Professor Langley September 2‚ 2013 Both parents should assume equal responsibility of raising a child. Children need valuable lessons from both parents to be successful in life. Raising children is a major responsibility that both parents should be involved equally in raising their child/children. Both parents should play an active role in their children’s life. The mother can give her son or daughter
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“WHY MARIJUANA SHOULD BE LEGALIZED” Since the 1930s‚ marijuana has been illegal in the eyes of the U.S. government. Its classification is a Schedule I drug‚ which is said to have a high potential for abuse‚ no medical use‚ and not safe to use under medical supervision. In this day and age‚ it’s being prescribed to patients of severe health problems to treat their pains‚ nausea‚ etc. Compared to logical reasoning‚ the government takes a very different stance on marijuana. Some say prohibition serves
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A Multicultural Workplace A multicultural workplace refers to a group of individuals who represent all types of human difference gathered to achieve a common goal‚ which is the organization or company’s mission. For some‚ a multicultural organization may refer to their workplace as such‚ due to the variation of individuals’ age‚ sex‚ ethnicity‚ physical abilities‚ and even sexual orientation. Additionally‚ the diversity among this workforce is likely to be considered such based on its employees
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Luck or Opportunity Oprah Winfrey once stated in an interview “luck is a matter of preparation meeting opportunity”. With that said‚ I do believe it is true. There are some instances that in the past if the opportunity and the preparation didn’t happen then the luck never would have happen. There are examples I would like to mention to show that if it wasn’t for the opportunity then the luck never would have. Christopher Columbus was credited with discovering the new world .If not for the
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In microeconomic theory‚ the opportunity cost of a choice is the value of the best alternative forgone‚ in a situation in which a choice needs to be made between several mutually exclusive alternatives given limited resources. Assuming the best choice is made‚ it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available.[1] The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative
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Reasons Why People Should not Drive or Drink Alcohol Under 16 or 21 Years There are legitimate reasons why a 16 year old should not drive. Car Accidents are the top teen death rate in the United States. Some teenagers may be more responsible than others but generally between 16 and 19 have not very good statistics when driving. The Center for Disease Control and Prevention report what controller in this age group‚ especially males‚ are unlikely to underestimate dangerous conditions‚ drive too fast
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resources is one of the more basic concepts of economics. Scarcity needs trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost‚ scarcity and trade-off are important in our daily life because it affects us every day in different
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Equal Rights Abortion is not a decision to be taken lightly. It is not a decision that the mother should make on her on either. Abortion should be a mutual decision between both parents. It should only be the mother’s choice if the father is not willing to care for the baby. It takes both a man and woman to create a child; therefor it should take both a man and a woman to make the decision to abort their child. After all a child is no more the mother’s than it is the father’s. When a woman makes
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employer’s control on the way he is supposed to perform his work. Based on the facts of the case‚ Johnny have been given loading and dispatch work for over ten years‚ with Autumn Fashion Limited having control over his work schedule. There was a quota on the number of stock moved on a daily basis. In addition‚ it was required for Johnny to follow the work allocation instructions given to him daily. 3. Multi-Factor Test Another common law test that can be used is the multi-factor test. This test
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