carry out a research
2007-08-21 22:45:17 · 4 answers · asked by Anonymous in Social Science ➔ Economics
He must solve the problem of using the available technology to produce, and to allocate scarce resources, including his time, to maximize his welfare (utility). The survivor is in the position of Robinson Crusoe, who is used by economist to explain the simplest economy. You can find extensive discussion of Robinson Crusoe's economic problems on the web.
2007-08-22 03:40:47 · answer #1 · answered by meg 7 · 0⤊ 1⤋
economics is WAAAY down the list of problems that the sole survivor of a nuclear explosion would face. As in - laughable.
2007-08-22 06:48:30 · answer #2 · answered by nickipettis 7 · 0⤊ 1⤋
If a person is the sole survivor, why do they need money? There's nobody else to give it to.
2007-08-22 09:04:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Lack of demand for whatever his product or service is.
2007-08-22 05:51:54 · answer #4 · answered by Billy Dee 7 · 0⤊ 1⤋