Would farmers go into town to do errands

Reference no: EM133367608

Question 1

Using the concept of opportunity cost and scarcity, explain one of the following, by sharing your explanation with your classmates. Make a connection to something you have observed.

Many Canadians today seem to be much more pressed for time than were their grandparents two generations ago. This is rather odd in view of the fact that today's homes are full of so many time-saving devices to which our grandparents had no access. How would you account for this?
TV and radio networks offer "free air" for public service announcements. What is the cost of this "free" time for the station? Why are there more public service announcements on Sunday than on other days of the week?
The acres of grass surrounding the Taj Majal in Agra, India, are often cut by young women using kitchen shears instead of lawnmowers. Is this a low or high-cost way to cut the lawn?
Why, on a rainy day, would farmers go into town to do errands, while a business person who lives in town, will forego their errands and choose to stay at home?

Question 2

"Gas will be 'far more expensive' in 2023"
share your predictions about the cause and effect of this event. Also, be sure to ask a question that this headline has triggered for you.
please be detailed and thorough :)

Reference no: EM133367608

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