Economics - March 2007

1)The local mall has free parking,but the mall is always very busy,and it usually takes 30 minutes to find a parking space.Today when you found a vacant spot,Harry also wanted it.Is parking really free in this mall?If not,what did it cost you to park today?When you parked your car today,did you impose any cost to Harry?Explain your answers.
2)The university has built a new movie threatre.Admission for students is free and there are always plenty of empty seats.But when the threatre screened "The Lord of the Ring",the lines are long.So the threatre decided to charge $4 per student.Cadbury Schweppers offered students a free soft drink.Compare a student's opportunity cost of seeing the movie The Lord of Ring with that of any other movie screened this year.Which is less costly and by how much?
Thanks very much.

2007-03-15 21:03:48 · 1 answers · asked by cleareye328 2

2007-03-15 20:27:44 · 10 answers · asked by mushi_mushispirit 1

As you get older, time is dived by 2 week periods if your life is check to check.

2007-03-15 20:14:29 · 5 answers · asked by Anonymous

If a countries exchange rate is lower than usual compared to the US dollar does this mean that that countries economy is becoming stronger?

2007-03-15 20:00:03 · 2 answers · asked by Anonymous

Though I know the economics I am looking for a Quick Solution here which may be unknown to Me.

2007-03-15 19:01:14 · 2 answers · asked by quan_tt12 1

2007-03-15 18:59:52 · 5 answers · asked by Anonymous

What are its impact on farming, production, financial or third economic sector world wide in future?

2007-03-15 17:30:07 · 6 answers · asked by toodd 4

2007-03-15 17:29:06 · 7 answers · asked by driverleo 2

2007-03-15 17:26:34 · 5 answers · asked by driverleo 2

why markets are usually a good way to organize economic activity? I just don't really get this subject.
thanks

2007-03-15 16:07:35 · 3 answers · asked by ceec 4

2007-03-15 15:35:28 · 5 answers · asked by flrtnwithsuicide 1

Suppose you spend 10 bucks for a ticket to the fair and suddenly, your friends show up and invite you to the movies.

Now, you have 2 choices: going to the fair or going to the movies. You can't do both. Suppose you would enjoy both activities as much, but still, you have to choose.

This is the question: regardless of the option you choose, will those 10 bucks you spent be a factor that will influence your decision?

Please just respond if it will affect your decision or not. DO NOT EXPLAIN YOUR ANSWER!!!!!

2007-03-15 15:22:53 · 5 answers · asked by Anonymous

Why the much-advertised American way of life continues to grow more socially, economically, and environmentally costly and less citizen-friendly--and what we should do about it?

2007-03-15 14:46:11 · 2 answers · asked by FSU08m08 1

In management today, there is significant emphasis on the use and development of teams to achieve improved productivity. Do you see teams in operation around where you work? What might you think your managers have done or could do better to improve the use and productivity of teams

2007-03-15 14:28:52 · 2 answers · asked by Anonymous

2007-03-15 14:26:03 · 4 answers · asked by Anonymous

i read some where that deflation is bad for a country in long term. before reading that i always had though that deflation is like an ideal thing for a country and its people will be very happy that prices of every things have gone down now and now they can buy all those things that they couldn't before.

Pease somebody tell me the answer in very easy language as i really can't understand complex economics terms and my english is not brilliant aswell.

2007-03-15 14:10:56 · 5 answers · asked by Anonymous

2007-03-15 14:09:36 · 8 answers · asked by so_cal_boi 1

2007-03-15 14:08:02 · 4 answers · asked by Anonymous

2007-03-15 14:05:44 · 6 answers · asked by Nancy 3

2007-03-15 13:51:00 · 5 answers · asked by Anonymous

2007-03-15 13:22:40 · 3 answers · asked by mskelly_98 1

Suppose you decide to open a copy store. You rent store space (signing a one year lease), and you take out a loan at a local bank and use the money to purchase 10 copiers. Six months later a large chain opens a copy store two blocks away from yours. As a result, the revenue you receive from your copy store, while sufficient to cover the wages of your employees, and the costs of paper and utilities, doesn't cover all of your rent and the interest and repayment cots on the loan you took out to purchase the copiers. Should you continue operating your business?

2007-03-15 13:22:12 · 5 answers · asked by jessiebabie824 2

1) What is inflation?

2) when people say its the cost of rising prices, well how does this all come about (from the roots)?

3) I maybe confused but somewhere ive read/heard that inflation increases when more money is printed, can someone please explain this, as I dont understand it, and dont understand how increasing the more notes in circulation would increase the price of a loaf of bread?

Please could you offer websites (ideally with direct links) that could help explain the above.

Thank you x

2007-03-15 13:09:49 · 13 answers · asked by Anonymous

2007-03-15 12:43:32 · 4 answers · asked by zahkia9 1

2007-03-15 12:30:28 · 1 answers · asked by may c 1

:)

2007-03-15 11:49:15 · 3 answers · asked by Anonymous

2007-03-15 11:08:09 · 11 answers · asked by xtanyax 3

Are his predictions for the short-term US economy prophetic, pragmatic or paranoid?

2007-03-15 10:56:48 · 3 answers · asked by lesroys 6

Is the KEYNES PRINCIPLE OF MULTIPLIER apply to the developing country like Indian economy in specific .If yes how?

2007-03-15 10:23:48 · 2 answers · asked by sanawarian_uday 1

Ok, i study economics and i have like an idea of how can be eliminated poverty or try to.
First, only these is gonna go to Africa.
Second, i know this work good needs very eficient work and not burocratic chit for work good, im just gonna try to make an eficient transfer of money to africa.

The idea is that all brands like nike pay a lot to the sports players like for example Tiger Woods. Also in soccer theres a lot of transaccions, like Balack goes to Chelsea for 50 millions.
If we put a tax of 0.01% of all sports transactions that are bigger than 1 million dolars, and that money goes to needed people of africa (using the UN for the recolet and the transfer of the money).
I know that a tax may afect the market but this market is huge and that tax is little and is for helping poor people!!
could it work??

2007-03-15 09:26:33 · 8 answers · asked by dsro 3