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

Instructionsand Steps:

1. View the following 3TED 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?