Friday, November 4, 2011

Trade Offs and the Trasactional Cost ( October 31st, 2011 )

There is a lot of people out there that can deliver that good and there is a lot of people that can have that good.

This is placed on trade offs and the bases that others have items or a use that can be viewed beneficial to others through subjective thoughts or opinions.

This is also based on the kidneys idea from Recitation. If the trade off can also value that of organs for others to use to survive at a longer time, would it be acceptable to trade a kidney for something of that of the same value.

People work for others to get their needs. For example, if others are willing to spend money on something of that of the predicted value, there is a profit that must be gained from the buyer and the seller, which is in between or bias. That is what a transnational cost does to the economy, in which it benefits the price of items sold.

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