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I chose to move back to my hometown because I figured I would have been able to find employment in my hometown. In retrospect, I had much more potential to make more money if I would have chosen to take the position the other state. “ Individuals look for and pursue opportunities to increase their utility – that is, pleasure, happiness, or satisfaction” (McConnell & Brue, 2004, p.2).
“Self-interest behavior is simply behavior that enables a person to achieve personal satisfaction, however it may be derived” (McConnell & Brue, 2004, p.3).
Marginal Analysis
Marginal Analysis involves comparing the extra benefits of a choice with that of the extra cost of that same choice
Recently, I had to choose between getting a new mobile device which could link to my Microsoft Outlook and had a full key pad for $300 or a device for $150 which did not have a full key pad or the ability to sync with my Outlook...
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