Opportunity Cost, Scarcity, Production Efficiency, Allocationficiency, Human Capital, Specialization, Comparative Advantage, Income, Tastes, Prices, Household Budget, Information, Transaction Costs, Utility, Consumer Satisfaction, Profits, Markets, Competition, Market Structure, Labor Costs, Innovation, Entrepreneurial ability, Productivity, Government Regulations, Business Incentives, Economies of Scale, Product Differentiation, Brand Name, Advertising, Market Power General Instructions: Choose one concept from the list above, and write a paper a 500 to 550 word paper (500 words, is the absolute minimum) in which you state a response to the following prompt; "Before completing all 5 Graded Discussions I thought about (one of the concepts from the list) in this way ..., now I think ...". You are free to organize and arrange your sentences and paragraphs in any you see fit, but your response MUST at