4 September 2013
Soap Incentives Answers
1. List each incentive people used to get doctors to wash their hands. How
effective was each? Explain.
Bottles of Purell
$10 Starbucks giftcards
The Purell and Starbucks giftcards were a good incentive
1 October, 2013
Recession & Elasticity
1. 2 What is the formula for Income Elasticity of Demand?
% Change demand for a good / % Change income
1. 2 How might you explain what this is in your own words?
More money you make, the higher your demand will be an
15 September 2013
There have been many discussions about whether the U.S. should raise the
minimum wage per hour. I think that the U.S. should not raise the amount that
people get for minimum wage to $9.00 an hour. Raising it would