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Material Detail

There is No Such Thing as a Free Lunch 

There is No Such Thing as a Free Lunch 

The study of economics is built on the foundation of three very important concepts: scarcity, choice, and opportunity cost. In this episode of the Economic Lowdown video series, economic education Coordinator Scott Wolla uses these three concepts to explain why there is no such thing as a free lunch.
Keywords:
Decision Making, AP Economics, Opportunity Cost, Scarcity, Personal Finance
Disciplines:
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More about this material

Material Type:
Reference Material
Date Added to MERLOT:
February 11, 2020
Date Modified in MERLOT:
September 23, 2021
Author:
 
Submitter:
Adrienne Brennecke
Primary Audience:
Grade School, Middle School, High School, College General Ed, College Lower Division
Technical Format:
Video
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
Unknown
Accessibility Information Available:
Yes
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-NoDerivatives 4.0 International

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