how can imani reduce her opportunity cost to make her dream of becoming a lawyer a reality

by Ms. Blanca Senger Jr. 3 min read

Because of the potential cost savings, Imani has decided to earn her associate degree first, complete a two year transfer program in political science, and then work towards her ultimate goal of becoming a lawyer.

Full Answer

Why do lawyers work pro bono?

There are even lawyers who work pro bono because they are dedicated to making sure justice is served. There are so many problems in society these days, and we need good lawyers. I know that becoming a successful lawyer will take a lot preparation and hard work.

What does it mean to be a lawyer?

Being a lawyer means understanding that there is a responsibility to serve the public. My dream is to become a lawyer, and one day I will make that dream come true. In the words of Eleanor Roosevelt, “The future belongs to those who believe in the beauty of their dreams,” (Quotations on Dreaming, n.d.).

Is it possible for one lawyer to handle every aspect of every client's legal needs?

No longer is it possible for one single lawyer to handle every aspect of every client’s legal needs,” (What Is A Lawyer, n.d.). Therefore, it is necessary for lawyers to specialize in certain areas of law. Lawyers have a lot of options when it comes to work environments.

Is being a lawyer a noble profession?

Being a lawyer is a noble profession. When I look around and see all the injustices that take place in the world, I know that one day I will be able to make a difference by becoming a lawyer. Some people think that lawyers are simply out for money, but I believe that most lawyers have a desire to help others, especially those who are unable ...

How much did Dan offer Kathleen to buy her car?

8) Dan offers $10,000 to Kathleen to buy her used car. Kathleen turns down the offer, but says that she will sell the car for $12,000. However, Dan refuses to pay the higher price. If Dan was following the economic decision rule:

Is the opportunity cost of attending the university the same for each student?

a. The opportunity cost of attending the university is the same for each student.

Is Tyler's opportunity cost greater than Sara's?

d. Tyler's opportunity cost of attending the university is greater than Sara's opportunity cost of attending the university.

What is opportunity cost?

The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources (land and farm equipment). A commuter takes the train to work instead of driving.

Can't have everything we want in life?

We can’t have everything we want in life. This is where scarcity factors in. Our unlimited wants are confronted by a limited supply of goods , services, time, money and opportunities. This concept is what drives choices—and, by extension, costs and trade-offs, Caceres-Santamaria says.

Is it worth looking at the future value of money?

If seeing is believing, it’s worth looking at the future value of money —a concept many of us have read about in retirement plan literature or heard from financial advisors.