What implications conflict have for applying economic model
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How did you decide what college you would attend? Did you have enough knowledge to follow the economic decision rule?
In what way might patriarchy be an institution and how might it influence the labor market?
When determining tax rates, the government should take into account the income needs of individuals.
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What might that conflict be? What implications does it have for applying the economic model? (Religious)
Compare and contrast this allocation outcome with a free market outcome. Which alternative is more just? (Institutionalist)
For instance, radicals offer a different analysis than most economists of how capitalism works and what ought to be done about its most plaguing problems.
What is the difference between the two situations described in a and b? How important are opportunity costs in your decisions?
About 100,000 individuals in the United States are waiting for organ transplants. Given those facts, should human organs be allowed to be bought and sold?
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