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How does economics effect us?

Economics affects all out our decision making in the market. When we decide to buy a sweater instead of jeans, in your head you examined the opportunity cost of the jeans to the sweater and determined which you wanted. This is an economic principle, even though many people do not think of it in terms of opportunity costs.


What is the phrase definition for decision making grid?

A decision making grid is a way to determine economic value or the opportunity costs. so it just means if you went to shopping and you decided to purchase a blue jeans so your opportunity costs has next best choice would be a game or Mp3 player that you gave up.


Why did the limited stop making jeans?

The Limited is still producing and selling jeans in their stores.


What was the process of making blue jeans?

Blue jeans were first made in 1873. They were called Jeans back then, and Levi Strausse was the first manufacturer of jeans.


A pair of jeans regulary costs 25.50 are on sale for 5.10 off the regular price what is the percent discount on the jeans?

umm,5% off


What type of material are jeans made of?

Jeans are typically made of denim, a durable cotton twill fabric woven with diagonal ribbing. Denim is known for its durability, comfort, and versatility, making it a popular choice for making jeans.


What is jeans made of?

Most jeans are made of 98% denims and 2% cottons. Of cause, Making jeans needs accessories such as zippers,rivets,buttons and so on. Trust me, the answer are from jeans factory.http://www.jeansfactorys.com/FAQ/What-is-jeans-made-of.html


How are natural resources used for making jeans?

Some jeans are made from cotton which is part of land and natural resources.


The label in your jeans says that they were made in a Latin American countryThis is probably because the jeans manufacturing company wanted to locate its plant?

in a region with lower production costs and availability of skilled labor for producing apparel. Latin American countries often offer these advantages, making them attractive locations for clothing manufacturers.


What did Levi jeans do to help the California gold rush?

He was a tailor and tent maker until he began making jeans.


What negative effects did the cotton have in America?

making blue jeans


What effect did the cotton gin have in America?

making blue jeans