Opportunity Costs

Opportunity costs desicsions that we make and deal with our money. Like if, someone had to buy a present for his mom's birthday or choose to hang out with his friends with his money. He either has the opportunity to make his mom happy or to have a good time with his friends doing who knows what. For example, from my own experience, I had a choice. It was to either get sneakers for myself that I really wanted or to get my my sister a present that was something she really desired but couldn't get that I can. I didn't know what to do cause it was a hard decision to make to either please myself or make her happy. Either way I would lose the money and someone will get something but I made a desicsion. I put my sister before myself and she got what she wanted.