econ "scarcity" 10 POINTS!!!

2007-09-30 5:33 am
Sammy works as a secretary in a shipping company with an annual salary of $100000
She work under the Personnel Manager

Explain and illustrate the meaning of "scarcity by referring to the problems faced by
Sammy
the shipping company

Is the secretarial service provided by Sammy a "good? Explain.


Sammy can type a letter in 20 minute The Personnel Manger can do it in 10 minute
Who has a higer cost in typing a letter? Expain.

回答 (1)

2007-10-07 7:12 am
✔ 最佳答案
Is the secretarial service provided by Sammy a "good? Explain.

Yes. In economics, good refers to anything that desire by at least one person and something of which some is preferred to none .
As the secretarial service provided by Sammy is desires by her Personnel Manager and it is a service which is preferred to none. So it is a good.


Sammy can type a letter in 20 minute The Personnel Manger can do it in 10 minute
Who has a higer cost in typing a letter? Expain.

Personnel Manager.
Cost refers to the highest valued option foregone.As the working time of personnal manager has other alternative uses.and Sammy is a secretary.The cost of typing is relatively lower because she does not have other optins to do except typing.
參考: myself


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