Public goods vs common resources Discussion

timer Asked: Mar 3rd, 2019
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Question Description

topic examples: opportunity cost, the cost of taxation, demand and government policy, externalities, consumer surplus, government revenue, public goods and common resources, monopoly.

requirements: be creative, from daily life, pictures or videos (from internet or real life) needed.

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Consumer Surplus

Economics is present in our lives in many aspects. After doing some thinking about how economics applies to my life, I realized that it has been present in my life without even knowing it. 

Public goods vs common resources Discussion

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School: University of Virginia

Hi, kindly find attached

Surname 1
Student`s name
Professor`s name
Course title
Economics can simply be defined as a branch of knowledge that deals with the production,
consumption, and wealth transfer. Economics is an agent of change that will have an impact on
every career.
By studying economics, an individual is in a position to appreciate how individuals,
businesses, and the government allocate its inadequate resources. Individuals will develop a
conceptual model of behavior to determine what is needed regarding policy and decision making.
Individuals are in a position to use statistics to analyze the changes. The study of economics
provides valuable information for making vital life decisions. It enables one to approach the
interest of a certain financial opportunity, the importance and the costs of alternative careers and
the possible impacts of public policies inclusive of a higher minim...

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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