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Scenario 1-5
Suppose that you have a choice between going to the movies with a friend for three hours or working at your job. If you go to the movies, you will spend $12 on a ticket and $6 on popcorn. If you choose to work, you will earn $10 an hour.
-Refer to Scenario 1-5. What is your opportunity cost of going to the movies?
Social Objects
Items or entities around which social networks are formed, facilitating interactions and connections between people.
Specialization
The process of focusing on a narrow area of expertise or business to deliver high-quality service or products in that specific domain.
Social Sharing
The dissemination of information, content, or opinions through social media platforms and networks among users.
Digital Identities
Represents an online or networked identity adopted or claimed in cyberspace by an individual, organization or electronic device.
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