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Discuss the following questions in pairs or groups; make use of the prompts in brackets.Date: 2015-10-07; view: 570. LEAD-IN SECTION OVERVIEW Contents
Opportunities are chances to improve your situation. Opportunities, however, may cost you something. If you spend time watching television, you cannot spend the same time in the Internet. If you buy a car, you cannot spend the same money for a holiday. This section will help you understand that every economic choice involves opportunity cost. You will learn to evaluate tradeoffs involved in your economic decisions.
1. Why must people make choices about what they want most? (limited resources, to be scarce, limited supply, the best alternative) 2. What happens when you choose between buying a laptop or a mobile? (to want, to give up, to make a choice, to make a decision)
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