Each of the following situations requires some trade-offs. You are supposed to analyze and discuss a few trade-offs with respect to each of the given situations. 

a) A Parliamentarian has to make a decision whether to spend on Karachi’s sewerage system (1 Mark) 

b) President of a corporation wants to make a decision whether to start a new factory. (1 Mark) 

c) A middle-income family wants to decide whether to buy a new Honda City. (1 Mark) 

d) A student who’s recently finished his BBA wants to decide whether to start his MBA. (1 Mark) 

e) Federal government wants to decide whether to spend on the welfare of poor people during the COVID-19 pandemic (1 Mark)

Answer rating: 100% (QA)

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