Exercise
1. answer these questions, your answer based on the text.
a. what is the difference between our basic needs with our extra wishes?
• The need is something that is needed by humans in order to achieve prosperity, so if any of these needs are not met, then people will feel prosperous or less prosperous.
• Desire is something in addition to the expected demand can be met so that the man feel more satisfied. But if the desire is not fulfilled, the actual well-being is not reduced.
b. What are two ways that depict 'utility'? (See lines 6-7 and lines What examples are used to demonstrate the utility that varies from person to person? Vegetarian does not want meat, but can assess the utility of bananas is very high, while the meat eaters can choose a steak. d. an example of what is used to indicate that from country to country varies ? mountain-republic like Switzerland have little interest in submarines, while the maritime nations assess their very interest. e. an example of what is used to indicate that from time to time vary? In times of war, high bomb utility, and utility piano low. Therefore the utility associated with our decisions about priorities in piano production fell sharply during the war. f. an example of what used to demonstrate the utility associated with the quantity? If paper is freely available, people will not be so interested in buying too much of it. If there is an excess of paper, the relative demand will go down. g. What can we say about the way in which the utility decreases? We can say that the utility of the commodity declines as consumers increased commodity stocks. 2. say whether this statement is true (T) or false (F), and if they give the wrong reasons 'why' a. (F) the basic needs of our complex. b. (T) satisfying desires us in much the same way by all commodities. c. (T) uses not to be confused with the utility. d. (F) vegetarian meat very high level of utility. e. (T) Swiss nation was not very interested in the submarine. f. (F) in wartime utility of high piano. g. (T) in a centralized economy, decisions about priorities associated with the utility. h. (T) Request the paper down if the amount of paper increased
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