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Monthly Archives: February 2012

what makes me want more or less of  my favorite food is based on how much I want it.

1. If I want to have my favorite food really bad then the demand increases.

2. If i cant get my favorite food from one place, then I go and look somewhere else that will have it, or I buy it along with an added little side.

3. If I have the money I can get the best, if I am a little short on money then I could settle for mediocre.

4. If i suggest my favorite food to other people then the demand goes up because more people will want it.

5. If  people expect their food to be awesome but it turns out gross then their expectations will determine their demand for the product.

6. If the food has ingredience that are grown and the growing process is interupted by bad weather then the demand for the product will increase because the unavailability will cause comsumers to want it even more.

 

 

Regarding community service i have a location, i have not gone in to talk to them yet, its called max fund its a no kill animal shelter in denver and they even have a volunteer program for students in high school who are doing a project. i plan on seeing them either this week or next.

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For the compared countries we chose the U.S. , Barbados, and Iran.  Iran’s economy, once one of the Middle East’s most advanced, has been crippled by the 1979 Islamic revolution.  Iran’s economy remains bur­dened by high inflation, corruption, costly subsidies, and an increasingly bloated public sector, and educated Iranians continue to seek better opportunities overseas. Corruption pervades all branches of government. Resorting to a court system infected by bribery and cronyism. people living in iran have to live with terrorism, and corruption in the courts because the government doesnt do anything about it. Employment regulations are restrictive, and the labor market remains stagnant. Monetary stability is weak, and tight government controls distort price levels. Barbados, a member of the british commonwealth. The Democratic Labor Party won the 2008 elections, ousting the business-friendly Barbados Labor Party after 14 years in power.  Barbados has transformed itself from a low-income, agri­cultural economy producing sugar and rum into a middle-income economy built on tourism and offshore banking. The state manages de facto monopolies for some products. The investment climate has improved, but much investment activity is subject to government approval, and certain activities are prohibited to foreigners. it seems the economy of barbados is the strongest next to Iran, and the U.S.’s economy is the strongest of the three.

Marginal Analysis is An analytical technique that examines the extra costs and outcomes caused by producing and providing one extra unit of a resource. You walk into a fast food restaurant and you are faced with the choice of buying as much as you can now or buying one thing and comeback another time for something else. where as buying everything at once seems like a good idea because you get everything you want at once, but it only increases utility a little bit, after like two items you get sick of it and now you have a bunch of things that you dont want to eat because youre sick of em already. if you buy only one thing  at a time you will want to come back and buy other things and increase utility slowly but surely.

the definition of Incentive is A thing that motivates or encourages one to do something. something that gives people a reason to obey the law, get a job, and anything that involves living in a society.   At the moment the most important incentives in my life are,graduating from high school is a reason to stay on top of my work, getting a job so i can get paid so that i can use the money to do things on my own. A good incentive for students to come to class on time would be like chances for extra credit, the 95% attendance rate to go to school events,  just being able to understand what the class is doing by coming in on time and catching the beginning of class , and hall sweeps because no one wants to go to detention for not getting to class on time once. The unintended consequences of these are if students have an excellent grade in class and have no need for extra credit, if they think that school events arent worth their time and they could care less if they dont go, and ususally when there is a hall sweep students just leave the school so they cant get caught in it or they dont go to the detention assigned because they think hall sweeps are stupid and they arent going to give the administrators the satisfaction of  “hey the hall sweeps are working”.