https://padlet.com/155004044/wa956m6icvneslpv en-us 2020-12-06 03:27:35 UTC 2025-05-16 17:39:30 UTC hello@padlet.com https://padlet.net/icons/png/1f4b5.png 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990849065 The picture below reminds of private property because the saying 'no trespassing' means that nobody is allowed to pass because it's an areas YOU, yourself, owns. This photo illustrates private property because when you have a private property, it is meaning that it is owned by you and only you. The no trespassing restricts from others coming onto something that is owned by you. ]]> 2020-12-06 03:33:02 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990849065 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990867818 The photo below shows a economic choice. In a society, we as individuals have economic choices that we make in our daily lives. Sometimes in life we may have the choice whether which brand of phone we want. iPhone or Android. Which ever one we choose, we experience an  opportunity cost regarding the other one. This is just an example of an economic choice that we all have made/ or will make. ]]> 2020-12-06 04:02:37 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990867818 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990868134 This picture at the bottom can represent voluntary exchange because individuals can grow their own produce and then sell it at the farmers market in their own will. They are giving up their own time to exchange with other customers, (produce for money), where they both are using their own free time and it will benefit them both in the end. ]]> 2020-12-06 04:03:05 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990868134 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990868338 In economic competition, companies are in constant battle to produce the best quality good or service so they will get the most customers. An example of this is apple music vs spotify. These two music streaming platforms are big competitors. Customers will most likely use the platform that benefits them. Factors can include which one has a plan that is more beneficial, more faster, cheaper, lots of songs. ]]> 2020-12-06 04:03:27 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990868338 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990868506 Economic Incentives are things that will help push an individual to purchase a good or complete an action. The picture below is an example of an economic incentive because when customers see "50 percent off", this motivates them to purchase an item from the store to obtain the discount. ]]> 2020-12-06 04:03:41 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990868506 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990936492 For my choice of good, I chose iPhone 11 cases. There are a wide variety for cases. Here are some examples- 
- Heyday iPhone 11 case $19.99]]> 2020-12-06 05:26:44 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990936492 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990941522 -Wildflower iPhone 11 phone case $35]]> 2020-12-06 05:31:51 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990941522 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990943198 -Speck iPhone 11 case $22.63]]> 2020-12-06 05:33:41 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990943198 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990946735 -Otterbox iPhone 11 case $28.77]]> 2020-12-06 05:37:52 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990946735 155004044 https://padlet.com/155004044/wa956m6icvneslpv/wish/990949034 After seeing all of these options, I would probably go with the heyday $19.99 phone case because its the most affordable price in my range. I do not want to spend more than $20 on a phone case that will get ruined in a few months. Although the other options are more expensive, this is due to the quality of the cases, and how good of it protects your phone. While the Heyday case is more of a staple piece for your phone. If I had a little bit more money in my budget I would go for my second option which is the otter box phone case because I have seen a lot go good reviews on that brand saying it does a good job of protecting your phone. ]]> 2020-12-06 05:40:28 UTC https://padlet.com/155004044/wa956m6icvneslpv/wish/990949034