Day 4: Scarcity and Natural Resources

Introduction

Today we cover a new topic, opportunity cost. Opportunity cost is when you have to choose between two items and the item you didn’t get is the opportunity cost of that decision. This can be very confusing, so pay attention!

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Icon_Assignment Activity

Today you will draw or write about a time when you had to choose between 2 things that you really wanted. Include the 2 items you wanted, which one you decided to go with, and if it made you happy!

 

 

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