Lucy wants to attach a goal cost to each of her life goals. why might she do this?

1.she wants to identify the amount of money, time, and effort required to realize her goals.
2.she wants to maintain a log of income and expenses.
3.she wants to identify how expensive her goals are so she can replace high-cost ones with more reasonable options.
4.she wants to identify the opportunity cost she is facing.

1 she wants to identify the amount of money, time, and efferot

Since Lucy has some life goals that she would like to attain, she needs to attach a goal cost to each of them. Goal cost generally refers to the amount of resources that a person has to expend in order to achieve it.

From the available options, the best reason as to why she would need to do this, based on the definition previously given, would be due to (A) she wants to identify the amount of money, time, and effort required to realize her goals.

the benefits of raising bc’s minimum wage to $15 through a

series of pre-announced staged increases far outweigh the likely

costs. claims that such an increase will lead to massive job losses

in low-wage sectors of the economy are not credible.

• an increase to $15 would result in some job losses. however,

the likely impact is less than a 1 per cent reduction in the overall

provincial employment rate, and a 7.6 per cent reduction in the

employment rate for those currently making between $10.25

and $15 per hour.

• the large job loss impacts predicted by some opponents of

minimum wages misrepresent the existing economic research. in

reading and using that research, it is important to recognize that

estimates showing job loss effects of minimum wage increases

apply only to teenagers. estimated effects for young adult and

adult workers range from insignificant to non-existent.

• focusing on teenage workers plays up an inaccurate stereotype

about who earns very low wages in bc and leads to exaggerated

claims about job losses. only 26 per cent of those currently making

between $10.25 and $12 are teenagers, and only 5 per cent

of those making between $12 and $15 are teenagers.