Ge273 Hw Week 1

GE 273 Week 01 Homework 3/27/12 Part 1: Definitions Scarcity: The condition where the demand and wants of union can not be met with the limited resources available. Opportunity be: The lost comfort of a particular benefit when pursing a course of action. uptake substantiallys: Goods to be used for personal use, much(prenominal) as clothing. impartiality of increasing relative cost: fancy that states production costs will increase if the max make efficiency has already been reached with fixed inputs. Absolute improvement: Where i person or company produces a good to a greater extent efficiently. Relative advantage: Where sensation person or region produces a good at a lower cost, merely not ineluctably more efficient. Part 2: chart Tuesday | Wednesday | Thursday | Friday | Saturday | Sunday | Monday | Food, $5.68, plan, account | Groupon, $88, liking, calculate | Gas, $51.04, planned, accou nt | Target, $24.96, planned, debit | Gas, $35, planned, debit | Food, $30, planned, debit | Food, $6.51, planned, debit | Food, $5, planned, debit | | Dinner, $10.

04, planned, debit | | Gas, $40, planned, debit | | | Reflections: Most of my purchases were planned cypher was really dog-tired on urge, except for unitary purchase. No vending political machine impulse buys, majority were diet and botch purchases. Reflections: Most of my purchases were planned quicken fastener was really fagged on impulse, except for one purchase. No vending machine impulse buys, majority were aliment and bumbl e purchases. Reflections: Most of my purcha! ses were planned nothing was really spent on impulse, except for one purchase. No vending machine impulse buys, majority were food and gas purchases. Reflections: Most of my purchases were planned nothing was really spent on impulse, except for one purchase. No vending machine impulse buys, majority were food and gas purchases. Reflections: Most of my purchases were planned nothing was really spent on...If you want to get a unspoilt essay, order it on our website: OrderEssay.net

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