Spreading Capitalism Is Good for Peace
A frequently asked question, is what causes peace? President Bush hoped for causing peace by
spreading democracy because it was essentially discouraging war. However, research suggested
that expanding free markets is
Is healthcare a right, privilege, or tragedy of the commons?
Shouldnt enslave others to give it to you so is it a right or a privilege?
I can afford it, so
10 of 12 free countries have universal health care. The
How do buyers and seller interact
In a market
Markets can be informal
Ex. craigslist farmers market,grocery stores
Assume perfectly competitive market
1. Goods for sell are perfectly identical
Lecture 3: Economic Institutions and Types of Economies
I. The Three Big Questions Revisited
There are three main questions for which the economy determines the answers:
1 What, and how much, to produce.
2 How to produce it.
3 For whom to produce it.
Microeconomics Notes 10/27/16
Costs and Firms in Competitive Markets
QUIZ NEXT THURSDAY
Production and Cost in the Long Run
Expansion and Replication- Long-run total cost (LTC): The total cost of production when a firm is perfectly flexible in
Principle, Trade, & Economic Systems
Markets are a good way to organize economic activity.
How do we satisfy our wants and needs in a global economy?
- We can be economically self-sufficient.
o Being self-sufficient actually means that you consume onl
Microeconomics Notes 11/1
The Main goal of a firm is to maximize profits
Competitive Market characteristics
- Primary attribute: firms have no market power
o No ability to change market prices not even their own
A market with
Markets and Exchange
Taxonomy of a Market Economy
Three Primary Agents
o A fourth is international consumers and manufactures
Agents interact in Two Primary Markets:
- Market for Goods and Services
- Market for Factor
WRITING ASSIGNMENT 1
Page 29: #s 1, 2, 3, 6, 7, 9, 10
Identify the four types of utility, and give an example of each.
The four types of utility are: form, time, place, and ownership. An example of form is
clothes. An example of time is Am
Week 3: Writing Assignment 1
Page 302, 303: #s 1, 2, 4, 5, 6, 7, 10
Classify each of the following as a business product or a consumer product:
a. Detroit Tigers ticket: consumer
b. bottle of body lotion: consumer
c. fleet of delivery truc
WRITING ASSIGNMENT 4
Page 55: #s 1, 3, 4, 5, 6
State whether each of the following illustrates strategic or tactical planning:
a. Global automakers begin setting up manufacturing plants in China. TACTICAL
b. Play N Trade Video Games and Di
Quiz 9 Make-up
1. Match the following terms with their definitions:
Medium of Exchange
A. How quickly and easily an asset
can be converted to cash.
Unit of Account
B. Yardstick used to post prices.
Store of Value
C. Buyers give this t
Writing Assignment 6: Week 3
Project and Teamwork Exercises 2 on Page 197 and Internet Exercises 3 on
Pages 198 199
Page 197 # 2
2. Consider your own participation in family purchases. How much influence did you
have on your familys decisions
WRITING ASSIGMENT 3
Page 29: #s 1, 3
Page 30: #s 1, 2, 3, 4
Page 29:#s 1, 3
Consider each of the following firms and describe how the firms goods and
services can create different types of utility. If necessary, go online to the companys
WRITING ASSIGNMENT 2
In discussing what it would be like to live in a world without marketing, I would
like to focus on the four utilities of marketing. Those four utilities are form, place, time,
and ownership. Each of these utilities play a
Case 3 Accounting
1) What type of cost would staff photographers be for Sports
Illustrated (fixed, variable, or mixed)?
Staff photographers for Sports Illustrated are most likely a fixed cost.
Most professional full-time employees are employe
Frontline interview with Clifford Nass, a professor at Stanford University and the founder
and director of the Communication between Humans and Interactive Media (CHIMe) Lab.
This is the edited transcript of an interview conducted on Dec. 1, 2009. Poste
Title and Authors: Observing the preferred environment of Sowbugs. Tucker Phelps, Trent
Harrison, Kamry Jackson, Anna Wells
Sowbugs are subjected to many environments during their lifetime. While performing the
experiments, we tried to compile w
BIOL 123 Midterm Study Guide
FOR THE BIO123
For 5 extra credit points, you must complete the entire study guide and turn it in as you enter the room to
take the midterm exam. It must be handed in before the midterm fo
BIOL 122 Biological Concepts: Evolution, Diversity & Evolution
Instructor: Dr. Lawrence A. Alice, Ph.D.
Office: TCCW 319; office hours: MW 10:30-11:15; TR 11:00-12:00, walk-in, or by
Phone: 745-7029; e-mail: firstname.lastname@example.org
Observing The Preferred Environment
Title and Authors: Observing the preferred environment of Sowbugs.
Tucker Phelps, Trent Harrison, Kamry Jackson, Anna Wells
Western Kentucky University
Observing The Preferred Environment
Sowbugs are subje
2 people dressed as different types of people, party animal and studious student, narrator?
Interviewee can carry interview/converstion with different college stereotypes
What would you do differently right after you graduated college, change?
Derivatives of inverse functions: 1/f(f-1(x), find when original equation equals a, graph exponential
function (x^5+4x^3+64 etc), (make leftbound -y, rightbound +y), plug in answer into original equation to
get f(a)=answer, 1/f(answer), find f(answer) and
BIOL 122 Quiz 4 (10 pts.)
Match the terms below with the most appropriate statement. Answer 10 of the 12
questions correctly for full credit.
1. _ Xylem
6. _ Land plants
2. _ Bryophytes
7. _ Phloem
3. _ Epidermis/ cuticle
8. _ Seed
4. _ Ethnobotani
ECON414-700 (Fa16): MANAGERIAL ECONOMICS
9 out of 12 points
All Answers, Submitted Answers, Correct
1 out of 1 points
A change in the
2. Financial Institutions
4. The Government
5. The Foreign Sector
Consumers can engage in 3 actions:
1. Consumption (C)
2. Savings (S)
3. Paying Taxes (T)