Describe some of the trade-offs faced by each of the following; choose three: a.

a family deciding whether to buy a car b. a member of Congress deciding how much to spend on national parks c. a company president deciding whether to open a new factory d. a recent college graduate deciding whether to go to graduate school e. a single parent with small children deciding whether to take a job Also, what are three examples of important trade-offs that you face in your life? Explain your reasoning. Be sure to have an introduction, body, conclusion and reference page