Bruno Mars — The Lazy Song

Bruno Mars lists out all the things he could be doing that day if he he hadn’t decided to just lay in bed and be lazy. Even though choosing to lay in bed doesn’t have any monetary costs associated with it, it doesn’t mean that there are no costs to his decision. Every decision people make (even Bruno Mars) has an opportunity cost. While he may have a millions of dollars in his bank account, he still only has 24 hours in a day like the rest of us.

Thanks to John Raby for the submission!

Qwest Communications — Free Wifi

People will go to great lengths to get “free” wifi even though they may not realize the cost associated with the decision. In this commercial for Qwest Communication, they try to offer wifi where people actually want to go.

Straight Talk — “Free” Phone

Have a friend who brags about things they get for free? One of the common components of long-term contracts is that it includes a phone, but the price of the phone is often just built into the contract so the phone isn’t really free.

Bedazzled — No Such Thing as a Free Lunch

 

Elliot (Brendan Fraser) strikes a deal with the Devil (Elizabeth Hurley) in Bedazzled in order to gain the affection of a coworker. In this short clip, Elliot needs proof of the Devil’s power, so he asks for a Big Mac and a large coke. The two proceed to McDonalds, but Elliot ends up having to pay for it himself because there’s no such thing as a free lunch.

Team America — Freedom Isn’t Free (NSFW)

It’s sometimes hard to get across the idea of public services as being a type of public good, but “freedom” may be a simple enough concept for students. This clip from Team America takes a country-spin on why it’s important to pay for public services like freedom. It also can be used to teach the concept of opportunity cost since freedom for people today cost a lot of lives in the past.

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