Scarcity, Choice and Decisions
Peer Review for material titled "Scarcity, Choice and Decisions"
User Rating for material titled "Scarcity, Choice and Decisions"
Member Comments for material titled "Scarcity, Choice and Decisions"
Bookmark Collections for material titled "Scarcity, Choice and Decisions"
Course ePortfolios for material titled "Scarcity, Choice and Decisions"
Learning Exercises for material titled "Scarcity, Choice and Decisions"
Accessibility Info for material titled "Scarcity, Choice and Decisions"
Please enter a Bookmark title
Please limit Bookmark title to 65 characters
Please enter a description
Please limit Bookmark title to 4000 characters
A Bookmark with this title already existed.
Please limit a note about this material to 2048 characters
Search all MERLOT
Select to go to your profile
Select to go to your workspace
Select to go to your Dashboard Report
Select to go to your Content Builder
Select to log out
Search Terms
Enter username
Enter password
Please give at least one keyword of at least three characters for the search to work with. The more keywords you give, the better the search will work for you.
select OK to launch help window
cancel help

MERLOT II




        

Search > Material Results >

Scarcity, Choice and Decisions

        

Scarcity, Choice and Decisions

Logo for Scarcity, Choice and Decisions
This lesson concerns the interrelated concepts of scarcity, choice, and costs. The objectives are to Define the opportunity cost of a decision as the most valued discarded option and Analyze trade-offs involved in making spending decisions. Although designed for high school students, it could be used in a freshman level economics class.
Material Type: Drill and Practice
Date Added to MERLOT: August 27, 2005
Date Modified in MERLOT: January 06, 2009
Author:
Send email to themint@northwesternmutual.com
Submitter: Cathy Swift

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review (not reviewed)
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (none)
  • Bookmark Collections (1)
  • Course ePortfolios (none)
  • Accessibility Info (none)

  • Rate this material
  • Create a learning exercise
  • Add accessibility information
  • Pick a Bookmark Collection or Course ePortfolio to put this material in or scroll to the bottom to create a new Bookmark Collection
    Name the Bookmark Collection to represent the materials you will add
    Describe the Bookmark Collection so other MERLOT users will know what it contains and if it has value for their work or teaching. Other users can copy your Bookmark Collection to their own profile and modify it to save time
    Edit the information about the material in this {0}
    Submitting Bookmarks...

About

Primary Audience: High School, College General Ed
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: unsure
Browse in Categories:

Connections





QR Code for this Page

Users who viewed this material also viewed...

Discussion

Discussion for Scarcity, Choice and Decisions

Log in to participate in the discussions or Register if you are not already a MERLOT member.

Return to Top of Page