Before completing this graded discussion. You should have full understanding of the concepts below, if you don’t please use the textbook and review them first.
- Opportunity Cost, Scarcity, Production Efficiency, Allocative Efficiency, Incentives, Human Capital, Specialization, and Comparative Advantage
- Inside the mind of a master procrastinator | Tim Urban
- The habits of highly boring people | Chris Sauve
- The Art of Letting Go | The Minimalists
- How can identifying your opportunity costs, help you make better choices?
- It must state the title and the author of the chosen TED Talk.
- It must state the reason why believe that TED Talk best answers the question.
- It must explicitly explain the relationship, connection, or link between the ideas provided in the TED Talk and the concept of Opportunity Cost.