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Economincs

Part 1 of Paper
....ost five dollars or more? When was the last time premium gas was under a dollar a gallon? It's hard to remember, isn't it? Wouldn't it be great if everything cost a nickel, like back in the good ol' days? According to the laws of economics, it's not logical for things to have gotten more expensive competition should....

Part 2 of Paper
.... employee an hour. This results in the dismissal of employees to compensate for a raise in labor costs, which creates a smaller staff, which results in slipshod service. Although most reasonable people would rather pay more for better service, the plain fact of the matter is that the service hasn't really gotten any better. The service is better than it was when there weren't enough employees so people assume the service itself has gotten better, while the truth is that the service is ....

Number of words: 709 - Approximate pages: 3

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