Video Discussion 1 – Opportunity Cost
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
Instructions and Steps:
1. View the following 3 TED Talks (video presentations). As you
watch the videos, take notes of any relevant information.
Inside the mind of a master procrastinator | Tim Urban
The habits of highly boring people | Chris Sauve
The Art of Letting Go | The Minimalists
2. Decide which of the 3 TED Talks best responds to this question;
How can identifying your opportunity costs, help you make better
choices?
3. Produce a Post of at least 300 words in which you explain your
position. Your post must contain at least the following elements:
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
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