She is going shopping. Clothes and shoes are a need .
Finally we made it to my favorite designer store. Vouis Litton!
Even though clothing and shoes are a need, things such as hats, bags, sunglasses, and designer items/extras are a not need they are considered a want.
The gold necklace being out of stock and expensive shows an example of scarcity. This means that a resource such as gold is very limited and sometimes we cannot satisfy all our wants.
I love my new designer item! But anywho I finally made it to the jewerly store, I have been really wanting that gold necklace but it is always out of stock. I wonder why...
She is making a choice between the blue and the orange shirt. She chose the blue one because it was a smart choice due to the fact that she would wear it more and get the most of her money.
I don't know which shirt I should get, the blue or the orange one. I am thinking blue because I will wear it more often.
This new speaker model looks great ! I already bought a lot of things today and it is really expensive but it is so nice! What should I do?
This is an economical example of a trade-off because there are two alternate choices and she has to give up one thing or the other and make a decision between the two.
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