question archive Trade-offs are unavoidablePeople respond to incentives, and prices provide incentivesTrade can benefit everyone Good choices are usually made at the margin Discuss two of these themes using a variety of examples from different parts of the course
Trade-offs are unavoidablePeople respond to incentives, and prices provide incentivesTrade can benefit everyone Good choices are usually made at the margin Discuss two of these themes using a variety of examples from different parts of the course
Subject:EconomicsPrice: Bought3
Trade-offs are unavoidablePeople respond to incentives, and prices provide incentivesTrade can benefit everyone
- Good choices are usually made at the margin
Discuss two of these themes using a variety of examples from different parts of the course. A good answer would include both theoretical and mathematical or graphical explanations.
