Description
Economics is not only a body of knowledge about the creation and distribution of wealth, but also a way of thinking about various problems. Why are internet browsers free? Why are employees sometimes paid a fixed salary and other times through commissions? Should car manufacturers produce their own bodies or buy them from suppliers? Why are dinners often more expensive than lunches? Can farmers benefit from biofuel support more than the biofuel producers themselves? Can increasing penalties reduce crime? Why do companies hold excessive capacities that they do not utilize? Why do popular restaurants not raise prices even though there are long lines in front of them? Why don't doctors specialize in nostrils when higher specialization leads to higher productivity? Why do people buy books they don't read? Why do restaurants offer bottomless drinks for sodas but not for wine? This book equips readers with useful tools to answer these and similar questions and thus better understand the world around us.
Information
Author: Hudík Marek
Publication date: June 14, 2023
Manufacturer: GRADA Publishing, a. s.
Genres: Economics, Society and politics, Books, Specialized and technical literature, Social sciences, Economics
Type: Books - paperback
Pages: 208
ISBN/EAN: 9788027137589