Unit 1 - 1 land cotton plants to make cotton labor need workers that work the machines capital the factory itself(the building entrepreneurship

Unit 1 - 1 land cotton plants to make cotton labor need...

This preview shows page 1 - 2 out of 3 pages.

1. land- cotton plants to make cotton labor- need workers that work the machines capital- the factory itself (the building) entrepreneurship- engineers that are able to build innovative machinery that cuts costs 2) a) you have to pay tuition and you don’t get paid b) you will get a bad grade c) you have to pay for the bus service, it is not continuous ( it has multiple stops) lack of privacy 3) a) people are willing to take the opportunity cost associated with going to college (i.e. student debt) to land a more stable job b) people are willing to sacrifice their own time (opportunity cost) in order to save money c) the opportunity cost of building parks in urban areas is more because of the costly land. Additionally, the results are not as good as in rural areas, because people living in an urban area tend not to go to parks as much d) busy people are willing to spend a slightly larger amount of money in order to save time. In this case, the extra money being paid is the opportunity cost.
Image of page 1
Image of page 2

You've reached the end of your free preview.

Want to read all 3 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes