Cartoon Number 1
In this cartoon, a girl has to decide whether or not she is going to spend her money now or wait until she has enough saved up to buy what she really wants. What does she end up choosing? Would you choose the same thing? Why or why not?
Cartoon Number 2
Here is a typical problem that students run into. Do you choose the good nights sleep or study or night long? Why? Think about the different opportunity cost that you give up each time.