Opportunity Cost

A detailed Summary of Opportunity Cost


Recently I attended a two-person meeting, me being one and my Master Sergeant being the other. The subject of the meeting was the question of whether I would re-enlist for another four years in the military. I informed him that I most emphatically would not.

My "cost of what I gave up when I made that choice" was the security of being a part of the United States Marine Corps. By security I mean that I, having been a member of the Corps for the last four years, knew that I would be fed on a daily basis in the mess hall, would be housed in a relatively nice shelter with only one roommate, would have clothing on my back (my uniform), would be t


. I freely make that decision and give up the security I can have in the Marine Corps for the opportunity I can find in the "real" world. If it works out, it will be because I earned it. If it doesn't, then it's my fault. I am in charge of my own life.

I made this decision in a timely manner because opportunity cost can change with every day. For example, what if the government were to set to raise long-term pay and benefits for essential service members? That would change the opportunity cost on the upside..

"Decision-making dilemmas can arise because errors may result either from deciding too soon or from delaying decisions too

Some common words found in the essay are:
Business Ethics, Marine Corps, Master Sergeant, , marine corps, charge own life, own life, opportunity cost, charge own,

Approximate Word count = 442
Approximate Pages = 2 (250 words per page double spaced)

Category: Miscellaneous

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