Wednesday, October 19, 2011

Definitions...

All,

I will post all definitions here for the class to see.

8 comments:

  1. Scarcity is the fundamental economic problem of having humans who have unlimited wants and needs in a world of limited resources.

    Opportunity cost is the cost of any activity measured in terms of the value of the best alternative that is not chosen (that is foregone). It is the sacrifice related to the second best choice available to someone, or group, who has picked among several mutually exclusive choices.

    Opportunity Cost: The value of the next best choice when making a decision

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  2. not neither.

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  3. I don't anymore

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  4. Technical Analysis: the use of past stock data to give insights as to the future movement of stock prices

    Fundamental Analysis: the use of data from a company's actual business operations, trends in particular industries, and information from the overall economy to assess the value of a company

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