Today we discussed shifts and focused on opportunity cost and alternatives. Please complete the reading for Lesson 8:
SUP 25-31, BE 49-52 and one section from BE 52-58. For your journal answer the following question:
SUP 25-31, BE 49-52 and one section from BE 52-58. For your journal answer the following question:
How does rent control affect the quality of housing, the average age of housing, and the number of people per apartment?I gave today's lesson a check. Remember those fundamental questions and that changing Demand or Supply means changing the whole function (desiring more or less quantity at every price) and not just a change in price.
On Friday, Microsoft announced that CEO Steve Ballmer is to retire. CNN than reported that the stock for Microsoft soared because of this. Why is that? Was Microsoft's CEO that bad or does it has to do with something economically?
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DeleteIt seems microsoft's profits had been "stagnating" from the investor's point of view. Therefore many felt a change in leadership was needed, this was seen as a welcome (and not traumatic, since there isnt any scandal) development, an opportunity to get a fresh face in at the highest levels of the company. that's my take at least
Capt B
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