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While thinking about what you learned in Chapter 1in your textbook, select ONE resource that affects your daily life. Examples of resources include natural resources
While thinking about what you learned in Chapter 1in your textbook, select ONE resource that affects your daily life. Examples of resources include natural resources (e.g. oil, gas, water, air, trees, etc.) OR man-made resources (e.g. masks, COVID-19 testing, food, employment, housing, etc.). Write a new thread in which you answer the following questions: Indicate in 1 sentence your chosen resource. Explain how does the scarcity of your chosen resource affect your daily life? How are you using your rational self-interest to determine the demand for this resource? Explain both parts 2
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