My sublime padlet by Edwin Garcia Salas

Voluntary exchange

edwin_garciasalas — 2024-04-23 21:53:29 UTC

If you own a tulip farm and sell tulips at a farmer's market, you are voluntarily exchanging your time and expertise for money, and consumers are exchanging money for your goods and services. Both parties, you and the consumers, and it would make better for goods.

Needs

edwin_garciasalas — 2024-04-23 22:00:22 UTC

For simple reasons, I needs for buy a iPhone for communication or internet too.

I needs to get a new meat for our family food also dinner time too.

Positive incentives

edwin_garciasalas — 2024-04-23 22:05:43 UTC

Positive incentives are rewards that encourage behaviors that make people better off, and there may be a monetary or measurable reward for doing so for simple I want goals for being a showed my proudest self

Wants

edwin_garciasalas — 2024-04-23 22:09:05 UTC

For simples and I wants a new technology for my new car and reason it make our lazy.

Or I wants a buy a news shoes for the party or nicely dressed too

But people cannot have everything they want and must look for the most affordable alternatives.

Negative incentives

edwin_garciasalas — 2024-04-23 22:16:24 UTC

I cannot give up by my goals into failed our jobs.

Or no one is coming our own business anymore and I can do that and should I shutdown my business store?

Land

edwin_garciasalas — 2024-04-23 22:18:54 UTC

Did you noticed that’s there is a lot pencils but pencils from a woods

Capitals economic

edwin_garciasalas — 2024-04-23 22:22:17 UTC

a machine has used for their a mentales for holder foods as cans

And use for fork or electric too

Absolute advantage

edwin_garciasalas — 2024-04-23 22:23:17 UTC

In economics, the principle of absolute advantage is the ability of a party to produce a good or service more efficiently than its competitors.

Opportunity cost

edwin_garciasalas — 2024-04-23 22:26:32 UTC

I will buy a McDonald but I have two decisions for shoes or McDonald for my $20 dollars but I already buy a new shoes are but I have lost a McDonald one

Labor

edwin_garciasalas — 2024-04-23 22:30:02 UTC

Labor economics is the study of the labor force as an element in the process of production. The labor force comprises all those who work for gain within the labor market, whether as employees, employers, or as self-employed, but also the unemployed, who are seeking work.