It's Friday and you have just picked up your paycheck from your part-time job. After taxes you have made $172.83 over the last two weeks. What are you going to do with the money? List the specific amounts you would spend and what you would spend them on. Describe the tradeoffs and opportunity costs involved in your decisions.

Question

English

Jamarion Sampson

9 April, 18:34

It's Friday and you have just picked up your paycheck from your part-time job. After taxes you have made $172.83 over the last two weeks. What are you going to do with the money? List the specific amounts you would spend and what you would spend them on. Describe the tradeoffs and opportunity costs involved in your decisions.

+2

Answers (1)

Know the Answer?

Alexus · Answer 1

With my paycheck, I am going to purchase one hundred dollars in groceries, fifty dollars in gas, and save the remaining cash. Groceries must be bought, and gas has to be in the vehicle to make it back to work the following week. The remaining cash can serve me should some random purchase come up, otherwise I would assume save it.