User Account

All Pages

Describe a tradeoff you have made in terms of income

Assignment Help Microeconomics
Reference no: EM133205724 , Length: 1 Pages

Assignment:

Let's talk about two tradeoffs we face every day: how we spend our time and money.

We can spend our income, or save it for investing. We can spend time working to earn an income, or we do other things that we broadly call leisure.

Reply to these prompts to start your discussion:

Describe a tradeoff you have made in terms of your income or your time. What choice did you make with your money or time? Why did you make that choice?

Reference no: EM133205724

Questions Cloud

Did wod chemical company fail to live up : Glendale Community College - Did WOD Chemical Company fail to live up to their duty of care creating a Tort of Negligence with the explosion of their plant
What are the main sources of a cost advantage for samsung : What are the main sources of a cost advantage for Samsung? Does Samsung also have an overall price premium on DRAMs in 2003
Which business entity structure would you choose : Which business entity structure would you choose? Justify why your chosen structure is the best organizational form.
Discuss the reasons for any shift in strategy : Discussion board describing how your stage in life would effect your investment strategy. Be sure to discuss the reasons for any shift in your strategy.
Describe a tradeoff you have made in terms of income : Describe a tradeoff you have made in terms of your income or your time. What choice did you make with your money or time?
Describe the obstacles and how we should overcome : How do improve this and eliminate working in silos. Describe the obstacles and how we should overcome.
What is elasticity of demand : What is elasticity of demand? Give me an example of elastic demand and inelastic demand. California State University Long Beach.
Write paper that includes background information on company : Business Paper - Write a 2-3 page paper that includes background information on the company, requirements of a job you want to apply for
How do you think loss of biodiversity will affect your life : How do you think this loss of biodiversity will affect your life? How might it affect the lives of any children and grandchildren you might have?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd