"People face trade offs" is the first principle on the Ten Principles of Economics
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.Making decisions requires trading off one goal against another.
All of us face trade offs. Just like me I trade my own happiness in life. I had a special feelings towards my guy classmate when I was in high school and that guy had also the same feelings for me. We kept that feelings only on both of us. As days passed by,my friend talked to me and revealed that she has also special feelings towards that guy. I was shocked of what I had heard from her. From then on, I started to forgot the feelings I had for that guy. It's hard for me to move on but I'd rather lose my relationship with that guy whom I just met for a couple of months than to lose my long time friendship. Until now the three of us are still friends.
Another one is when there's a family reunion on my father side. My father asked me to go on that reunion but I felt too lazy on that day so I'd decided to lay down on my bed and sleep rather than to have a bonding with my relatives. It should be the time that I can also know the other members of our family. I'm so regretful because of my laziness, I had missed that special event. It is very important to cherish the every moment you've shared with your family.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
This refers to the concept of making compromises. A person may have to give something up to get something else they want more.
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