Changes

Economics Lecture One (view source)

Revision as of 21:08, August 4, 2009

332 bytes added , 21:08, August 4, 2009

→‎Honors: better question 9

Line 201: Line 201:

8. Improve on the lecture's definition of scarcity.

−

9. ~~Does~~ the U.S. ~~Constitution protect private property?~~ ~~Explain how~~, ~~with a specific reference or two~~.

+

9. Imagine that you are riding on an airplane and need to finish a written project by the time it lands in order to earn a fee of $500. The passenger next to you, however, keeps interrupting you by complaining about how she lost a $5 bill in the airport before the plane took off. You keep asking her to forget about it, but she won't. What would make sense in economic terms for you to do to get her to stop bothering you about it?

10. "There is no such thing as a free lunch!" Discuss the concept of (economic) scarcity in the context of that saying.

Aschlafly

Anthony, Irenaeus, Siteadmin, apieditor, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators

126,506

edits