Role of opportunity cost in decision making How incentives changed people’s behavior

Upload an internet article from a reputable source that analyzes a situation using one or more of the following economic principles:

  1. Role of opportunity cost in decision making
  2. How incentives changed people’s behavior
  3. Benefits of trade
  4. Problems with a new market

Don’t just post a link- you must upload either a screenshot, pdf or word version (you can copy and paste from the internet).

This assignment will be marked as complete when you submit the article.

Once you’ve posted your article, post a comment in the Week 1 Current Events Discussion Board which briefly explains the topic of your article as it relates to the economic principles (e.g., “ESPN article reports rise in college basketball players who want to drop out and go to the NBA because of opportunity cost. In college, the athletes aren’t allowed to make money, but as a professional athlete they could ball out on everything- cars, houses, clothes, etc.”)

This assignment is graded. You will be graded on how well the submission fits the request as described in the module overview instructions. Points will be awarded as follows:

CriteriaPossible points awarded
Pertinent to topic in module overview1 pt.
Reputable source1 pt.
Description accurately highlights economic concepts1 pt.

I will not include your grade in this discussion board- instead please go to the Grades section of Canvas.

Feel free to like and comment on your colleagues’ post, and/or continue a discussion on a topic you may have found interesting in either the Student Discussion Board or Class Discussion Board.

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