Folks for next time read BE 128-134 and 139-143. Also complete the worksheet on the K drive.
I thought again today you all stepped it up. You had answers to questions, participated together and had great insights. I have today down as a check plus.
However, the next time I correct someone on a computer issue both the offender and any neighbors will be penalized severly and so will the class.
Takeaways from today:
I thought again today you all stepped it up. You had answers to questions, participated together and had great insights. I have today down as a check plus.
However, the next time I correct someone on a computer issue both the offender and any neighbors will be penalized severly and so will the class.
Takeaways from today:
- All systems, capitalism included, have costs. In particular for capitalism to function properly means that losers will exist.
- It is important to first identify how and/or why prices are or are not working.
- If prices are failing to do their job it is not enough to merely say there ought to be intervention. Instead you need to evaluate how different alternative solutions will change costs, benefits, incentives and how such changes might affect equilibrium solutions and efficiency.
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