Microeconomic First Homework Chapter 1 4. You win $100 in a basketball pool. You have a choice between spending the money now or putting it away for a year in a bank account that pays 5 percent interest. What is the opportunity cost of spending the 100$ now? Answer: By spending the money right away the opportunity cost is 5 percent of 100 dollars that is 5 dollars plus the 100$ itself. So the total opportunity cost is $105‚- 5. The company that you manage has invested $5 million in developing
Premium Supply and demand Economics
Koons 3 Jordan Koons English 101 Dr. Elizabeth Sachs 12 November 2013 Source Evaluation: Medical Marijuana In the article "The cannabis conundrum: medication v. regulation" written by Moira Gibbons; in December of 2011‚ she explains both the beneficial uses and dangers of Medical Marijuana. It is a very enlightening factual editorial‚ that describes the marijuana plant itself‚ along with its life changing effects‚ but also the dilemmas involved with Cannabis. The article gives stupendous knowledge
Premium Cannabis Police
Debate Paper The Benefits of Medicinal Marijuana While some people choose to think marijuana is a recreational drug‚ medicinal marijuana helps a vast amount of individuals around the universe that deals with their everyday life crisis from high risk diseases to emotional stability. Through years of studying patients along with the evolution of scientific research; marijuana has been proven to have an enormous positive influence on the patients that have chosen to indulge in the drug. The most
Premium Medical cannabis Cancer Medicine
Microeconomics Essay The supermarket industry in the UK could be described as an Oligopoly Market. Based on your research into supermarkets in the UK‚ discuss whether this market structure creates a situation that is more or less to the benefit of consumers. For many students studying abroad‚ they will go to supermarkets every week. The Supermarkets in the United Kingdom sell many different kinds of products and it is easy to find a large supermarket everywhere. There are four big and
Premium Supermarket Wal-Mart Marketing
Shani Spencer Page # 1 Writing Project 3 Reese Conner 12/10/12 Medical marijuana has become a popular drug in the last couple of years. Medical marijuana is legal in a few states such as‚ Arizona and California. However Federal Law still states that this drug is illegal and that it should not be distributed (Dorell). Cannabis is used to treat a variety of different symptoms
Premium United States Cannabis Medicine
hear the term medical marijuana‚ you may just imagine a group of stoned hippy teenagers sitting in a circle around a fire smoking the devil’s lettuce‚ then bursting out in fits of frivolous laughter before devouring their entire kitchen like famished hyenas‚ but when do people think of medical marijuana? You probably “herb” of the term Medical marijuana use in cancer patients or perhaps that weird friend you know. A lot of people are uneducated about marijuana‚ most anti-marijuana users‚ they will only
Premium Cannabis Medical cannabis Hashish
Growing up in a Christian home with many nurses‚ I was taught that marijuana or types of drug are not good for the body. I was told that marijuana slows your concentration‚ distorts your perception difficulty with problem-solving and impaired driving. I was also taught that it impact your body as well as the mind‚ can slow down reflexes and impair decision-making capabilities. Growing up‚ I was not friends with people who smoked marijuana or any substance for that matter‚ so I did not learn any information
Premium Cannabis Legality of cannabis by country Hashish
Abstract Marijuana is the people’s drug of choice; it’s the most popular drug of all the drugs. Made famous in movies (Cheech and Chong)‚ hit an all-time boom in the 60’s when smoke to rebel against law enforcement. It is popular even though it is illegal in the United States; I explain in this paper why we should take advantage of its popularity and help our struggling economy. How we can use the way Amsterdam regulates its recreational marijuana‚ and implement it in the United States. Violence
Premium Cannabis Mexican Drug War
Top Facts About Marijauna 1.Marijuana is created from the dried‚ shredded flowers and leaves of the hemp plant Cannabis sativa.b 2.Marijuana is the most common illegal drug used in the United States. Approximately 100 million Americans have tried marijuana at least once‚ and more than 25 million have smoked it in the last year. 3According to one national survey on drug use‚ each day approximately 6‚000 Americans try marijuana for the first time. 4.Worldwide‚ it is estimated that about 162 million
Premium Cannabis Drug addiction Legality of cannabis by country
Legalization of Medical Marijuana A. I researched the social trend of legalizing medical Marijuana. In the 1800’s‚ physicians in the United States gave their patients marijuana to treat anything from excessive menstrual bleeding to tetanus. Now days there are other ways to treat and prevent both issues‚ but what about the horrid disease‚ cancer. Marijuana went from being a very common "prescription" to illegal. My view on this is that it should not be legal in regards to recreational use‚ but it
Premium Recreational drug use Law Cannabis