Think of the last two major things you bought.Why did you bu

Think of the last two major things you bought.Why did you buy them? What were your opportunity costs in makingthe purchase? What would have been the opportunity cost, if you had NOTmade the purchase? (Not all opportunity costs are measured in money.)Did those selling them to you provide the goods because they cared about your needs? What was their REAL motivation?When you go to work, why do you “sell” your labor to thatorganization? Do you really care what the owner of the organizationreally wants?How do questions b. and c. relate to Adam Smith’s statement fromThe Wealth of Nations: “It is not from the benevolence of the butcher,the brewer, or the baker that you expect our dinner, but from theirregard to their own interest? We address ourselves, not to theirhumanity but to their self-love, and never talk to them of our ownnecessities but of their advantages.”250 Words Total Together