Opportunity Costs

Opportunity Costs is the topic we discussed today in class. What opportunity costs is or means is that in everyday life you basically have to make a choice between two things...or maybe even more. For example after you finish high school are you going to go to college or or straight to work? If you go to college you have a great deal of becoming in debt but if you choose to work you have an ever greater deal of making the same amount of money that you'll be in debt in. So right there you have to make a choice, opportunity costs.