Scarcity, Tradeoffs, and opportunity cost.

Mr. Clifford on Economics and Markets



https://www.youtube.com/watch?v=mFl8nzZuExE

The 3 Economic Questions Videos (McDonalds, Target, and Amazon)

Use the videos to figure out how each company meets the 3 economic questions.

1950's McDonalds


Modern Day McDonalds


Target


Target Small Store
https://corporate.target.com/article/2018/07/small-format-stores//

Amazon (watch until 10:30)