Individual opportunity cost & scarcity
Storyboard Text
- Unemployed worker
- Now that I don't have a job I have so much time.
- Rent is due
- Rent is due by the end of the month please send the check on my mailbox.
- Doesn't have money
- OH NO! I don't have any money since I've been unemployed for a month and a half. What do I do?
- Louis has lost his job and is now unemployed. He noticed how he now have so much time to focus on his hobbies.
- Hanan born in 2070
- Louis then receives a letter from his landlord who is asking for money he owes for rent.
- Not enough place to rent or buy
- That's too bad. I really liked this neighborhood, there's just not enough place to choose from.
- Louis has a scarcity of money because after being unemployed he isn't earning anything leaving him with no money to pay for his rent.
-
- INDIVIDUAL SCARCITY
- Hanan is born in 2070 where the world population is estimated to be 9.4 billion people.
- As Hanan grew older she realized that there isn't enough option for her to buy or rent places in areas she liked. Hanan's scarcity is property because the younger you are, the less opportunity you have to buy property.
-
Over 30 Million Storyboards Created