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Real-Life Decision Making

You are a city administrator. You and city council face a difficult decision about what to do with your three golf courses.

The courses lost nearly $500,000 for the city golf fund between July 1 last year and June 30 this year. A figure of 60,000 rounds was recorded during that summer. Should the city sell the golf courses to a national company or keep the golf courses and suffer a loss?

The golfers face higher prices if the city sells the courses. Prices would jump by $3 on weekdays and by $5 on weekends.

What do you do?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.