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Please help me with that: Think of the last two major things you bought. Why did you buy them? What were your opportunity costs in
Please help me with that:
- Think of the last two major things you bought. Why did you buy them? What were your opportunity costs in making these purchases? What would have been the opportunity cost if you had NOT made the purchases? (Not all opportunity costs are measured in money.)
- Did those selling them to you provide the goods because they cared about your needs? What was the seller'srealmotivation?
- When you go to work, why do you "sell" your labor to that organization? Do you really care what the owner of the organization really wants?
- Finally, how do you see critical thinking playing a part in economic decision making?
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