User Account

All Pages

Discuss how no product is really free

Assignment Help Macroeconomics
Reference no: EM131477142

Macroeconomics Assignment.

No Free lunch - "There is No Such Thing as a Free Lunch"

Begin this case by listing products that you may think you might be able to get for free. (for example, coupons for free food or drinks at fast food restaurants or buy-one-get one- free gimmicks). After making the list, please write an analysis, based on personal experience, research, and other resources as to how a restaurant or other place of business would be able to pay for that product. Discuss how no product is really free, how producers may raise the price of other items to pay for the so-called free items. Justify the term many economic educators use: TINSTAAFL. TINSTAAFL is an acronym for There Is No Such Thing as a Free Lunch. Explain the notion that nothing in life is free because there is scarcity and each society must deal with this scarcity.

Reference no: EM131477142

Questions Cloud

Define and explain back loaded compensation. : Define and explain internal market. Define and explain back loaded compensation. Why some industries offer life time employment?
Create a code of ethics for you and your family : Create a code of ethics for you and your family, as well as to explain the strategies and thought processes that went into developing the code.
Find money growth and bond interest rate : Economists have long believed that the more money printed, the higher will be long-term interest rates. Evidence for this view can be found in the table below.
What is the demand for this technology in your community : What is the demand for this technology in your community? Include a supply and demand graph to demonstrate your findings. Make sure you use proper formatting.
Discuss how no product is really free : "There is No Such Thing as a Free Lunch"- Discuss how no product is really free, how producer may raise price of other item to pay for the so-called free items.
Explain qualitative forecasting techniques that could be use : From scenario for Katrina's Candies, assuming absence of quantitative data, determine qualitative forecasting techniques that could be use within this scenario.
Fuzzy system for forecasting electricity price : A Fuzzy System for Forecasting Electricity Price - Develop a fuzzy forecasting system using Matlab Toolbox. The system performs a forecasting task for power marketing price.
Calculate the split-adjusted returns : Compute the covariance and correlation coefficient between IBM and Kellogg (previous two questions). Are there any advantages to diversifying between IBM.
Explain how society manages its scarce resource and benefits : How society manages its scarce resources and benefits from economic interdependence. Why the demand curve slopes downward and the supply curve slopes upward.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Prepare a research paper shadow banking in china not in us

Prepare a RESEARCH PAPER Shadow banking in China NOT in U.S. Refrences include TWO academic sources and SIX or more other credible sources. NOTE: you have to upload all the sources you used with paper.

  What is the maximum amount of loans that can be created from

Suppose Fred deposits $8,000 in cash into his checking account at the Bank of Bonzo. The Bank of Bonzo has no excess reserves and is subject to a 5 percent required reserve ratio.

  Difference between the franchisor and the franchisee

Can you describe the difference between the franchisor and the franchisee? How are these differences strategically aligned to create a competitive advantage?

  Now assume the fed increase the money supply by

Now assume the Fed increase the money supply by 10% and volcity remains unchanged?

  What is the newest instrument of monetary policy

43 If the money supply rises , what must happen to GNP under the equation of exchange  44 What is the most important form of money in the U.S.  45 What is the most important instrument of monetary policy 46 Define federal funds rate

  Develop a powerpoint presentation intended to introduce

develop a powerpoint presentation intended to introduce foreign dignitaries to actions of our federal reserve.address

  Could there be overshooting of the exchange rate

Could there be “overshooting” of the exchange rate in the Dornbusch model if goods markets adjusted as rapidly as asset markets? Why or why not? What would be the analog to the general phenomenon of “overshooting” in a situation of fixed exchange rat..

  Assume smith owns and works in a bakery located

Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.

  Calculate the irr for this investment

Calculate the IRR for this investment. How would you explain result of your analysis? (Show your analysis in graphs of present worth versus interest rate)

  Organizations marginal costs and revenue

The economics student knows that profit maximizing manager will produce quantity where marginal revenue equals marginal cost

  Many important economic theories develop as a result of

many important economic theories develop as a result of particular economic crises facing societies. can you locate

  How would we find if a cost is a fixed cost or variable cost

What is the difference between explicit and implicit cost? Explain your answers. How would we determine if a cost is a fixed cost or a variable cost?

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