Respond to this discussion Considering that opportunity cost is the inherent costs of choosing to walk away from one chose in leiu of another, scarcity creates opportunity costs in multiple ways. As a consumer, scarcity drives desire. For example, if Michael Jordan was releasing a new shoe in collaboration with Gucci, and there were only to be 100 pairs made, ever, then the cost of those shoes, even if the price were $1,000,000,000 per pair, would be justifiable due to the scarcity and accessibilty, or lack thereof, and you could either choose to make that steep investment, or buy a nice pair of PayLess shoes. Another way that scarcity creates opportunity cost would be from the perspective of a business owner. If a business finds out that there is going to be a shortage of a product in the near future, but said product is not an object they normally carry, and they offload current stock to make room for the new product in order to benefit from the high prices when the product becomes a scarcity, they could be taking on a considerable opportunity cost if the information they moved on ends up fruitless. What is an example of opportunity cost on an international scale