Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In your own words, answer this unit's discussion questions in a main post (recommended minimum 200 words), and respond to at least 2 peers' postings

In your own words, answer this unit's discussion questions in a main post (recommended minimum 200 words), and respond to at least 2 peers' postings (recommended minimum 75 words).
 

Assignment Details

One of the lessons of economics is that "there is no such thing as a free lunch." This means that businesses, consumers, and whole societies face tradeoffs whenever they make a decision. Please draw on your own experiences to discuss the following 3 items. Make sure you use economic concepts in your main contribution.

  1. Explain a decision that you have made at work, or one concerning your career, or any major life decision that you have made.
  2. Identify and explain the trade-offs that you faced.
  3. List the alternatives you had, identify the highest valued alternative, and explain your final decision to the class.
  4. respond to at least 2 peers' postings (recommended minimum 75 words).

(peer post 1)

One major life changing decisions I came across was going back to school to get my bachelors degree in Business of Science in Accounting. I had been trying to complete college for a few years now and every time I enrolled into college I do a few classes for a months then something major gets in the way to where I would have to withdraw myself from my online classes.  Around the time that these major changes happened I ended up going to cosmetology school and completing it, becoming a cosmetologist but I never got to take the written test and the theory hands on test due to Covid rising then it made me lose interest in even completing it. Eventually I decided to go back to school to get my Associates in Business Administration  and I stayed motivated as much as I can and here I am about to graduate in September of this year. Hard work does pay off.

 

(peer post2)

I recently worked for the US Senate delivering mail to the offices of Senators across the country within the US Capitol. I am classified as a disabled veteran, which means that I have limited physical mobility in various areas throughout my body. I was sincerely happy conducting the job that I had, until someone brought light to my situation by stating," You look as if your limping, are you ok". I immediately contacted my Primary Care Provider and after her examination, she strongly encouraged me to seek other employment. 

Instead of seeking unemployment, I decided to seek disability compensation from the Federal Government. I sacrificed two years of gainful employment pursuing Social Security Disability only to receive a negative response. I was encouraged to appeal the decision, but after careful consideration, I realize that I can demonstrate certain mobility within the parameters of certain job descriptions.

I did not want to rely on government assistance, so after I was denied from the previous court hearing, I decided to look for employment. The reason for my decision was validated. I wanted to continue working, However, after my primary care provider expressed her opinion, I reluctantly declined working  in my career field of Logistics and Operations. My final decision to abandon my duties was based on the trust I developed over the years with my Primary Care Provider. Today, I work with the Maryland State Police as a Communications Officer. 

 

please label peer post 1 and 2 from the main post.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Main Post In my career one significant decision I made was transitioning from a career in cosmetology to pursuing a Bachelors degree in Business of Sc... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial accounting

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

9th edition

978-0132751216, 132751127, 132751216, 978-0132751124

More Books

Students also viewed these Business Communication questions

Question

7 What is meant by support points in the Bretton Woods system?

Answered: 1 week ago