1.) What is the most important form of money used in the U.K. and how is it created?
2.) Why can farmers sometimes earn a higher income from a poor harvest than from a good harvest?
3.) Do high wages always mean high labour costs?
4.) Why is water (which is necessary for survival) so cheap, when diamonds (which are by no means a necessity) are so expensive?
5.) Why is a book 100 pages often more expensive than one with 200 pages?
Try to provide answers for them!
Comments
hellow selma....
hahaha yep my friend i think so..... :)
Hi ,Laksith
I see your blog became quite popular again :))
Thank you so much dear friend harry for your excellent comment on my blog!dear harry I think you are so.. creative and innovative! Excellent level effort!
Dear buddy,
Those are the kinds of question which economics tries to answer!
I got them when I was reading a book which relates with business management!
actually harry, they are some unique and rare questions which have a deep and a strong hidden meaning! So I thought to share them with my friends!
So once again thank you very much for your great effort and kindness to pass by... !!!!!regards!
Laksith
All the best,
regrds
nadira
2- As you know, world is founded on supply and demand.
3- No, depends on gradated tax system. Generally yes there should be proportional in governments have social view , but if I need to explain technically, One person's incomes are gathered and considered with sum of total to be subject to taxation.
4-Because, humanity have not realized a danger coming to the world yet. One day we would have lost "water" in the future.
5-If 100 pages book have concentrated knowledge, it is normal to more expensive with the exception of literary. I have not taken considering of commercial materials or contents.
So, I liked and found this topic filled with nice messages. Thank you.
hhmm ... I try to answer your second question
2) the harvest is little cause scarcity of goods that is necessary. so, it causes to the high price and it can be beneficial to farmers ... thanks!
-Nadiyah-
For me, these questions are kind hard 2 be answered. I am not that much clever lol!
Hmmm, I would like to answer question five. It attracts me the most.
5.) Why is a book 100 pages often more expensive than one with 200 pages?
Maybe these books follow the princible: what matters the most is the quality not the quantity. A book consisting of 100 pages might be much more telling that a 200 or even a 1000 pages book.
*_*
In general, water in most of places are easy to get it,
so they may be cheap, but diamond is not easy like
water to get, hence it is more expensive. Furthermore,diamond is given a symbol of dignity, permanence by human being. If the price of diamond
is also cheap as water, it would probably not gratify
human being's the vanity.