What do these concepts have to do with each other scarcity, choices, and tradeoffs

Answer

Scarcity is related to choices and trade-offs because the consumer must "choose" how they use their resources, or which resources to use. ... The difference between trade offs and opportunity cost is that a trade-off is all the resources that are lost when a consumer makes a choice.

so i don't know what video you're talking about, but here's some stuff steve jobs gave as advice.

- love what you do.

- the worst thing that could happen might turn out to be the best thing that could happen.

- follow your heart and trust it knows where it's going.

answer; marketing resource management;