Ciiabie EdIting ASSIGNMENT FOR DISTANCE STUDENTS DEC 2021-JAN 2022 Opportunity cost is all about making choices and how you adequately and effectively manage it. What do you understand by the concepts...

what do you understand by the concepts of intra and inter temporal choice models on material economics, clearly demonstrate how intra and inter temporal choice models can make society incur opportunity cost if not managed adequately and effectively?

Extracted text: Ciiabie EdIting ASSIGNMENT FOR DISTANCE STUDENTS DEC 2021-JAN 2022 Opportunity cost is all about making choices and how you adequately and effectively manage it. What do you understand by the concepts of intra and inter temporal choice models in Managerial Economics, further as a fresh graduate of MSc in Managerial Economics, clearly demonstrate how intra and inter temporal choice models can make society incur an opportunity cost if not managed adequately and effectively ?