Scarcity, Opportunity Cost and Competition impact our decision-making moment to moment. This makes economics the basis of life as we know it, after God. Nothing that people value is free, someone pays the cost. To gain that thing of value, scarce resources are given up and cannot be given up again for a different thing of value. And we all are competing to capture those scarce resources.
Showing posts with label Flu H1N1 Virus Sociology Reaction Quarantine. Show all posts
Showing posts with label Flu H1N1 Virus Sociology Reaction Quarantine. Show all posts
