Discussion Post: Application of Microeconomic Principles
• View the media Sony Stock Stumbles).
Answer the following questions in the form of a paragraph:
• Explain the opportunity cost Sony faces and apply the concept of opportunity cost to the tradeoffs we make.
• Explain when coping with scarcity during the current CO-19 pandemic and the tradeoffs we all must make.
Aricle: Sony stock stumbles after company reportedly cut estimate for PlayStation 5 production by Eustance Huang.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.