The Cost Benefit Principle - What You Give Up to Get This Thing?

Economics is poetryh so with the cost benefit principle, we basely looked at how much we were willing to pay for something. So you need to ask yourself two questions: What happens if you pursue your choice? And what happens under your next best alternative? Ok, so let's look at a case study so we can realy dig in. I im alona. I'm going to be starting an m b eigt this fall. Lona, she's been working for nonpo in china for a few years and recently moved back to the us. Because she's preparing for the upcoming mba.