Is the analysis based on opportunity cost or incentives

Assignment Help Other Subject
Reference no: EM132417683

Question: Two of the main topics we studied in this economics class were opportunity cost and incentives. Choose one of the two topics below and respond to the questions.

1. The humorist, P.J. O'Rourke, said (tongue in cheek) that if we want to stop drivers from tailgating we should weld 6" steel spikes in the center of steering wheels pointing back at the driver.

• Why does he think this would reduce tailgating?

• Is his analysis based on opportunity cost or incentives? Explain.

2. Someone once said that economics tells us that disease should not be 100% eliminated from the earth.

• Why would anyone think that disease should not be completely eliminated?

• Is this analysis based on opportunity cost or incentives? Explain.

Reference no: EM132417683

Questions Cloud

Organizational structure contributed to the success of south : How has a unique and strong organizational structure contributed to the success of Southwest? How would you introduce such a culture in another organization?
Psychological impact on the human mind : Change has a considerable psychological impact on the human mind. To the fearful it is threatening because it means that things may get worse.
Someone related to alaskan or florida substance abuse : Write letter to someone related to Alaskan or Florida substance abuse. You don't need to provide your return address for the assignment
Relationship and Target market assignment : Relationship and Target market Assignment help and solutions :- Explain the insights you have gained from your inspection and analysis of the demographic
Is the analysis based on opportunity cost or incentives : Two of the main topics we studied in this economics class were opportunity cost and incentives. Choose one of the two topics below and respond to the questions.
Analyzes the strategic impact that training on a selected : Analyzes the strategic impact that training on a selected topic would have for the organization, presenting both pros and cons.
Explain why it is important to document critical success : Explain why it is important to document critical success factors, goals or objectives for the area included in the scope?
Examine all the forces that fueled the vietnam war : Examine all the forces that fueled the Vietnam war (Colonialism, Imperialism, Nationalism, Exceptionalism, and Cold war)
Contrast scientific and religious senses of the word meaning : Contrast the scientific and religious senses of the word meaning and Discuss a question of public concern involving some aspect of science or technology

Reviews

Write a Review

Other Subject Questions & Answers

  Paper on the movie sweet nothing to my ears

Paper on the movie "sweet nothing to my ears - pick an aspect spoken about in the movie that impacted your way of thinking about deaf culture

  Describe the importance of higher order thinking

Describe the importance of higher order thinking, and describe how this is addressed in the standards or power standards for your state or district.

  Discuss what you think we should do in the future

Discuss what you think we should do in the future. Also, discuss the effect these actions may have on the mental health of our citizens.

  Write a program and flowchart for the given problem

Write a program and flowchart. The program should ask the user how many customers they want to track. Then, it asks for customer numbers, and sales by customer.

  Discuss about the risks of various types of therapies

In this assignment, you are required to pick one of the disorders. Once you have picked, explain its diagnostic criteria, delirium, evidenced-based.

  Federal sentencing guidelines for organizations

Examine the Federal Sentencing Guidelines for Organizations (FSGO), Sarbanes - Oxley Act (SOX), and the Consumer Financial Protection Bureau (CFPB). In a three to five page paper excluding title page and reference page(s) complete the following:

  Made in brute force algorithm for the convex hull problem

what modification needs to be made in brute force algorithm for the convex hull problem to handle more than two points on the same straight line?

  Explain what the roman people saw

Background to the assignment: The Roman value system included a belief in eclecticism, practicality, and imperialism. These words explain what the Roman people saw when they interacted with the world around them

  Describe how individually-focused group therapy influenced

Describe how individually-focused group therapy influenced family therapy and how family therapy has morphed into a relational and systemic approach.

  Explain how medicare is financed

Explain how Medicare is financed. Discuss the benefits of Medicare. (Note: Discuss the differences in premiums and covered services.)

  Draw an er diagram to represent the database

Create a new database - Draw an ER diagram to represent the database - In a following SELECT statement, how many rows will there be in the output?

  What does it mean to submit a clean claim

What does it mean to submit a clean claim? List all of the information that is important before the claim can be submitted.

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!

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