MID TERM Question 1 of 19 5.0 Points Economics is the study of: A. increasing the level of productive resources so there is maximum output in society. B. increasing the level of productive resources so there is a minimum level of income. C. how people‚ institutions‚ and society make choices under conditions of scarcity. D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses. Answer Key: C Question 2 of
Premium Supply and demand Economics
Chrissy Strawn Dr. Nester Eng. 1010 09.05.2009 A Comparison of Land Line Telephones vs. Cell Phones What would man do without the telephone? The telephone has made the world a much smaller place for everyone. Not only that‚ it has become ubiquitous in the world. The telephone has evolved as well. We now have phones we can carry with us where ever and whenever we choose. But what of the necessities of telephone use can we live with in this world of ever changing technology? Let’s
Premium Telephone Alexander Graham Bell Mobile phone
Cell phones are one of the most important creations ever since the telephone itself. With the creation of the telephone we were able to communicate with other human beings all across the world thus allowing us to communicate valuable information to family‚ and friends. This invention also created various job opportunities to many people in the form of telemarketing. You can quite clearly see how amazing the invention of the telephone is and it has gone through many innovations‚ the most important
Free Mobile phone Telephone
Imagine going a whole day without your cell phone. Would you be able to function right? Most people I know would answer no to this question. Now imagine going a whole week without your cell phone. Would you go insane just thinking about not having your cell phone? I know that I would not go insane‚ but my friends would say otherwise. Now‚ I would like for you to imagine there was no cell phones in the world for an entire month‚ year‚ decade‚ and century. How would you react? Me‚ I would be just fine
Premium Mobile phone Internet
MICROECONOMICS ASSIGNMENT Demand & Supply of Lauric Oil TABLE OF CONTENTS 1. Introduction 1.1 What is lauric oil? And what are its applications? Page 3 2. Factors affecting demand 2.1 2.2 2.3 2.4 Population and food demand Crude oil and biodiesel Prices of palm and other vegetable oil Important events of Year 2011 Page 4 Page 5 Page 6 Page 7 3. Factors affecting supply 3.1 3.2 3.3 Climate Incremental supply forecast for 2011 – 2012 New policy highlights Page 8 Page 8 Page 10
Premium Supply and demand Palm oil OPEC
The Advantage and Disadvantages of Using Cell Phone Topic: Cell Phone Thesis: Using cell phone could be very beneficial in everyday lives‚ however‚ there are some drawbacks that we need to be aware of. Possible introduction: Nowadays‚ more people are using cell phone compared to several years ago because of its beneficial factors it brings. People could communicate easier‚ be up-to-date with current technological inventions‚ and teach responsibility value to children. However‚ we need to be
Free Mobile phone Text messaging
Let’s talk about the impact that cell phones has on us as individuals and society as a whole? Consumers are so fixated with their cell phones that in a recent survey 40% of the people said they would go without their toothbrush before they would go without their cell phone. Really? That is almost half of our population that is so obsessed with their cell phone. Our day-to-day lives are consumed with our cell phones‚ We look at social media on an average of 5 times a day. We send and receive numerous
Premium Mobile phone Text messaging Cellular network
Supply and Demand (buying a car) There are a lot of things to consider when buying a car. There are short term and long term things that can cause problems with your decision. It is always a great idea to take time to decide what is best for you to do‚ when it is best for you to buy‚ what car you want to buy‚ and also if you can afford the car that you want to buy. I purchased a car a few years back and I had to determine all of these things. I had to get insurance quotes‚ an estimate on my car
Premium Automobile Economics Supply and demand
References: 1) RaulBarrera. (2012). Disadvantages of Cell Phones in School. Available: http://www.studymode.com/essays/Disadvantages-Of-Cell-Phones-In-School-1074638.html. Last accessed 6 May 2014. 2) HayItsGio. (2012). Cell Phones in School. Available: http://www.studymode.com/essays/Cell-Phones-In-School-1317488.html. Last accessed 4 May 2014.
Premium Mobile phone English language Second language
of fish means there is a low supply of fish and therefore the demand increases which accounts for the increase in price. The additional information that is needed to construct a measure is why the meat price decreased. One possible reason is there could have been an influx of meat that forced the price to be lowered because there was simply too much meat at the end of the year the price decreased in order to get rid of the surplus‚ the demand went down and the supply went up. 1. Define
Premium Supply and demand Inflation