All Tutorials will be E-mailed immediately after the Payment and can also be Downloaded by clicking on Tutorial Bucket

ECN 220 Grand Canyon Week 1 Discussions


ECN 220 Grand Canyon Week 1 Discussion 1

Nobel prize-winning economist Milton Friedman summarized the idea of opportunity cost with his now famous remark: "There is no such thing as a free lunch." What was Friedman really saying when he made this comment? Provide two real-life examples (one professional and one personal) in which you had to make a choice involving opportunity costs. Explain how opportunity costs influenced your decision making.


ECN 220 Grand Canyon Week 1 Discussion 2

Is an understanding of microeconomics an important part of your employer's decision-making process? If so, what role does economics play in your employer's decisions? If not, elaborate on the noneconomic criteria your employer uses to make business and/or organizational decisions? Provide at least two real-life examples in which economics impacts your employer's decision-making process.

Write a review

Note: HTML is not translated!
    Bad           Good

ECN 220 Grand Canyon Week 1 Discussions

  • $9.00

Tags: ECN 220 Grand Canyon Week 1 Discussions, ECN220GrandCanyonWeek1Discussions, ECN 220 GCU Week 1 DQ, ECN220GCUWeek1DQ, ECN 220 DQ, ECN220DQ, ECN 220 Grand Canyon, ECN220GrandCanyon, ECN 220 GCU, ECN220GCU, ECN 220 Grand Canyon University, ECN220GrandCanyonUniversity, ECN220, ECN 220