https://www.marketplace.org/2017/09/01/why-economists-dont-think-price-gouging-problem/https://www.marketplace.org/2022/02/15/how-expensive-will-fuel-get-before-americans-buy-less/https://www.ted.com/talks/barry_schwartz_the_paradox_of_choice

Listen to the three links below and identify 5 economic concepts that you have learned in the textbook chapters 3, 4, 5 and 6. State the concept and explain how it is applied in the respective story