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In the game of economics every person alive plays the role of which?
Wiki User
∙ 15y ago
consumer
Wiki User
∙ 15y ago
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In the game of economics every person alive plays the role of?
consumer
How does economics relate to business?
A basic understanding of Economics plays a fundamental role in achieving success in Business.
In the game of economics who plays a double role as both consumers and producers?
worker
What wouldn we not have without economics?
Without economics you could satisfy your needs like food, water, clothing and shelter only. But the enormous demand created by every individual today is the soul existence of economics. If these wants were never created in history then economics would not have played a major role. With the evolution of mankind, certain intellectual guys practiced the 'guy with the hammer syndrome'. They brought into existence(with good intentions) a methodology to bridge the gap between scarcity(supply) and requirement(demand) in the most efficient manner. They had the hammer and thus shaped the thinking of the rest of the world. If they had a complete tool kit, maybe then they would've encouraged every person/country to be self-sufficient with their resources, rather can creating a demand for more. Technology advances and more breakthroughs in every field plays an equal role for creation of demand. If mankind is satisfied with what they already have then economics can take a back seat. There probably would be lesser gap between the rich and the poor and more peace in the world if we weren't greedy.
What is the economic importance of economics in your everyday life?
Every person can give a different answer to this question. But what binds us (the people) and our lives together is how we make choices against the threat of scarcity. That's what economics is all about, and it plays a major role in all of our lives. For example: you go to your local store. You have 20 US dollars on you. A Mars Bar costs 17 US dollars and a magazine costs 19 US dollars. How do you allocate your money? What will you buy? This is an example of the economic importante of economics in our daily life. Likewise, firms and entrepreneurs need to make choices as well. But that's another thing.
In the game of economics every person alive plays the role?
consumer
In the game of economics every person alive plays the role of?
consumer
Is ben Murphy alive or dead?
He is still alive, in his sixties, still handsome and plays tennis every day!
Is homer alive?
no not the homer but the person who plays homer is other wise he woul sound
How does economics relate to business?
A basic understanding of Economics plays a fundamental role in achieving success in Business.
Is the actor that portrays Kevin Gale in I Shouldn't Be Alive the same person that plays Kevin in a Butterfinger commercial?
yes it is!
Who is a person who plays a game for the love of it?
An 'enthusiast'. Example: "Boy, my brother sure is a golf enthusiast. He plays a round every chance he gets."
In the game of economics who plays a double role as both consumers and producers?
worker
Did mr bean die or alive?
Rowan Atkinson, who plays Mr Bean, is alive.
Is Victor Abimbola Olaiya alive or dead?
DR. VICTOR ABIMBOLA OLAIYA IS ALIVE. HE STILL PLAYS EVERY SATURDAY NIGHT AT STADIUM HOTEL LTD. SURULERE LAGOS, NIGERIA. HE IS NOW 78 YEARS OLD ON DECEMBER 31ST, 2008.
Is lascelle who plays girlie in Jamaican comedy still alive?
yes Lascell is alive an well!
How popular were Shakespeares plays when he was alive?
His plays were very popular when he was alive and were performed at the Globe Thaetre. People sat through the plays in the open air for round about 5 hours. The groundlings (poor people) use to stand on the ground watching his plays.
