02 October, 2014

Choices in our every day lives

Choice in economics is when a consumer chooses one business over another. It can be for any reason such as the quality or the cleanliness of the store of which you are buying from. For example if Ron chooses KFC over Wendy's because of the waiting time of which the food is served, he made a choice based on prior experiences. He may not choose Wendy's again because it made him late for a meeting. He metaphorically is saying I choose you because you have better service than your competitor. You make choices in your every day life. Can you remember the last time you made a choice.


3 comments:

  1. Nice job Tyler! I liked the way you explained it. The pictures between KFC And Wendy’s great choice buddy. That chicken “tho”. Do you go to those places a lot, or “nah”? I like both those places tho and if I had to choose I would choose Wendy’s because I get it more than KFC even though it’s really good. Which would you rather have KFC or Wendy’s?

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  2. I don’t know who you are but I like KFC better. Wendy's is good because of the Baconator, but KFC is better because of all of the chicken. Chicken is worth waiting days for. I like your paragraph because it has great grammar. I have a question for you. Would you rather eat KFC and wait 30 minutes or eat a foul tasting burger at Wendy's and wait 10 minutes?

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  3. A foul tasting burger...classic word choice from Caelan!
    Nice job on this post, Tyler.

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