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  • Essay / Getting the Most Out of Life: The Concept of Opportunity Cost

    During their daily lives, people are faced with many options. We have had to make decisions since we opened our eyes. For example, once we receive it, we either prepare ourselves for a new day or we continue to sleep. We will always experience decision after decision, even after that decision has been made. Yet we cannot get everything we want, and in our culture, scarcity reigns. In other words, scarcity implies limited resources of the society, which indicates that it cannot produce all its services and products. We usually have to give up other things we like to get something we like. The choices allow you to match one target or another. The price of everything is everything you give up for the chance to succeed in life and do something that interests you. Trade-offs reinforce the value of opportunity, one of the most important economic concepts. If we come to an agreement on a compromise, we simply do not choose the opportunities offered to us and ask for more than what is offered to us. Once we do this we also lose what was given to us and then regret the choice we made and want to have the same opportunity but it is too late for us to make that decision. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay If we recognize that life is full of compromises, then without much complaint, hostility, or dissatisfaction, we can take a particular path. We can understand the fulfillment of the path we have chosen, understanding that we have nothing to improve on. Many times in our lives, everyone is faced with several compromises which sometimes make the choice very difficult because everything seems so important. We can do what we want by recognizing the restrictions. She must not accept failure or withdraw in the face of discontent. It is only deep happiness that emerges from understanding and building on what we have. If we could just accept life on the terms of happiness, we might find equality. We all have to choose a direction at any point in our lives. We can understand the fulfillment of the decision we made, knowing that we don't have to do everything good. And by choosing a path and calling it successful, we open up more opportunities for growth and happiness. Conclusion I agree with both articles. That is if we accept reality and choose to do something with life instead of hiding the fact that it is a reality. Then we can be successful and know how life works if we follow a system of compromise in which we give up something and in return we get what makes us happy and satisfies us. Additionally, I agree that life is about making decisions and choices that will allow us to succeed and have a better life that will make us more active. Sometimes we make choices that will have consequences that we have to face and sometimes we make decisions that are based on a good path and we become proud of ourselves. There are always decisions we have to make, so it's better to make better ones so as not to regret later. It's always a good choice to think before making a decision..