Every morning you wake up and thing of what is going to happen today ? what are you going to do ? Economis is a big suspect in life . Economin means relating to the production, development, and management of material wealth, as of a country, household, or business enterprise. There many opportunity of cost . Opportunity cost is the cost we pay when we give up something to get something else. Some examples of apportunity cost is if you want to buy a present for some one it could be for your parents . cousin . or boyfreinds or even grilfreinds . you want to but something nice so what you do is go look for something nice that they weil apprechiate . This may cosy you . this is an example of oppertunity of cost . One example frommy own life is that if i want to travel out in the world . i will have to work in order to get the money . no work no money . but the consequence i that you work and will get the money and as soon as you got the money you could spend what ever you want . another examples wil be if you want to buy a house . you will have to work hard .
Tuesday, February 27, 2007
economic system
Every morning you wake up and thing of what is going to happen today ? what are you going to do ? Economis is a big suspect in life . Economin means relating to the production, development, and management of material wealth, as of a country, household, or business enterprise. There many opportunity of cost . Opportunity cost is the cost we pay when we give up something to get something else. Some examples of apportunity cost is if you want to buy a present for some one it could be for your parents . cousin . or boyfreinds or even grilfreinds . you want to but something nice so what you do is go look for something nice that they weil apprechiate . This may cosy you . this is an example of oppertunity of cost . One example frommy own life is that if i want to travel out in the world . i will have to work in order to get the money . no work no money . but the consequence i that you work and will get the money and as soon as you got the money you could spend what ever you want . another examples wil be if you want to buy a house . you will have to work hard .
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