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Welcome to week 1 discussion. Analyze the economic life of a homeless person. Do you face scarcity? Do you make choices? Do you think these
Welcome to week 1 discussion.
Analyze the economic life of a homeless person.
- Do you face scarcity? Do you make choices?
- Do you think these choices are in the best interest of the individual?
- Can you list some choices you make?
- What is the opportunity cost of those elections?
- Is it possible for your own decisions or those of others to contribute to improving your situation? and if so, how?
Attention: This week's theme aims to give you the opportunity to reflect on how markets work. will have to study basic concepts that explain the functioning of markets. Specifically, in the context of the scenario proposed at the forum you will need to demonstrate understanding of the following concepts: scarcity, supply and demand choices and opportunity cost.
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