Economic Enigmas.

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Presentation transcript:

Economic Enigmas

Question 1 If you could choose between two nearly identical products- one that is free and one that you have to pay for- which would you choose? Why?

Question 2 If you were opening a new business, would you select a location closer to or farther away from a business that sold a similar or even identical product? Why?

Question 3 If you could make a small change in your daily routine that would save you time and money, would you make the change? Why or why not?

Enigma 1 Why do people buy bottled water, when tap water is free?

Enigma 2 Why are there so many Starbucks so close together?

Enigma 3 Why don’t more people carpool?