Topic: Critical Thinking Should I buy this thing or that thing? Should I spend more of my time doing this thing, or doing that thing? Should I save more money for the future, or should I spend it now on things I "need"? As a business executive, should I raise prices a little higher, keep prices the same, or lower prices? As a business executive, should I produce more now, keep production at the same level, or reduce output? As a business executive, should I buy out a competitor, or not? All these questions, in one way, or another, are economic decisions because economics deals with decisions that everyone makes. To appreciate the complexity of economic decisions, it is important to use critical thinking skills in your analysis. Please view the videos below. First, watch the Career Services Overview video. After you have viewed the Critical Thinking video, using the STAR approach that is explained in the video, discuss the following questions: a. 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.) b. Did those selling them to you provide the goods because they cared about your needs? What was the seller's real motivation? c. 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? d. Finally, how do you see critical thinking playing a part in economic decision