If Stella buys a new car she will face an opportunity cost when he has to give up her savings because she could keep her savings in the bank for future investment as the deposit for a house rather than spend it all on a new car. That money could also be invested in shares or in a small business that will generate income or increase their value over time, and otherwise a car as time goes loses its original value. Besides vehicle maintenance could be a constant loss in her investment. Stella has to maximize her utilities in order to make a good decision and probably give up a new car and get a used vehicle and use the rest of the money for other investments or keep it as a back up in her bank account. 2.
They decide on a car and don’t realize that it could be only leased or interest could be high. The probability of an honest salesman is highly unlikely to be honest on a product only protecting the rights of the consumer rather than commission and profit. Also, it is very unlikely for illiterates to vote. Even if a person who is illiterate is registered to vote, they will not vote for the right reasons. They will vote based on how nice they seem or how they dress instead of by their own beliefs.
Power: The Structure of Conflict Chapter 4 of Wilmot and Hocker’s Interpersonal Conflict examines the role of power in conflict by addressing common perceptions about it, how it develops, and ultimately how to balance and use it constructively to solve problems. In regards to how we generally see power, it is something that we require to influence the way we lead our lives. We need power to speak for ourselves, to control what influences us, and also to protect ourselves from perceived harm. Differing views of power are both negative and positive, and are subject to the difference in one’s orientation towards it from another’s. Power is a fundamental concept in conflict theory that attributes three perceptions of power.
II. Main Point #2: Credit is important because it can often dictate what we can and can’t have. A. Subpoint: Good credit can help us with purchasing a new vehicle with a loan at a low interest rate. We can qualify for credit cards at low rates and no fees. Purchase things that otherwise we couldn’t pay with cash because of the higher cost.
If I had taken the time to ask questions, evaluate the interior instead of just the exterior, and thought to question why it was priced so cheap, I would have saved myself from a lot of frustration and anger. From this experience, I learned the importance of thinking critically and creatively in similar situations and applied this new found knowledge towards the purchase of my next car. Define free will, truth, knowledge, and opinion. Explain how we use them to form thoughts. Free will is defined by Jeff Landauer and Joseph Rowlands, authors of website “The Importance of Philosophy,” as “the mind's power to make choices” (Landauer & Rowlands, 2001).
In “What Matters in America” author Goshgarian brings up different issues in regards to materialism. One principle that is discussed is utilitarianism or the practicality of something. In my experience the practicality and extreme usefulness of purchasing a car brings about a lot of happiness; then again the pressure from purchasing a home and the sacrifices made in retaining it make it somewhat impractical. Author Goshgarian also quotes author Rindfleisch saying “ we operate with a duality” when it comes to material, this suggests we know that material doesn’t equal happiness however we sometimes are disillusioned by what material goods can actually bring to
You have a great car, a great house, and brand named clothes, but you want newer versions of each. Now, that is unreasonable. The Dalai Lama also speaks about the “troubles” and uncomfortability that these unreasonable desires can cause amongst communities. “For example, if you live in a prosperous society where a car is required to help manage in your daily life, then of course there’s nothing wrong in desiring a car. But if you live in a poor village in India where you can manage quite well without a car but you still desire one, even If you have the money to buy it, it can ultimately bring trouble” (P. 968).
A good example of some of the laws placed today on businesses to protect the consumers from price inflation and customer allocation. Car dealerships in the past who were in the surrounding area of each other would either do one of two things prior to current laws being enforced and placed in the antitrust laws. The first thing that they would do is continuously undercut each other’s pricing and financing until the profit margin was unsustainable for one of the companies causing them to either file bankruptcy, sell the business, or make a phone call to the competitor and attempt to make a plea agreement with the other company to keep from going out of business. That conversation would include offering not to undercut its competitors pricing any further allowing both companies to remain in business and still keep a good profit margin. When those agreements are initiated it is not necessarily a bad law to break in my eyes because it at the end of the day keeps people employed and is helping the economy.
I get offended if someone blames something on me during an argument so it makes me shut down and not want to talk to them. I never want to hear that something was my fault or that something I did was a direct result of someone’s anger or frustration. I need to keep in mind that, like our course book says: “Constructive criticism does not condemn or judge but is based on empathy and a SINCERE DESIRE to help someone understand the impact of his or her behavior.” Another thing that was in out course book was to a T exactly what my communication goal was: “Identify the specific emotion you are experiencing as a result of the behavior. Sometimes we can’t describe our emotions because we don’t have the vocabulary to accurately describe what we are feeling.” I think that is a lot of my problem. Maybe I need to research “feelings” and what each feeling means so that I can better describe to someone my emotions?
I know that there are people willing to pay illegal immigrants but I think not paying taxes is going to hurt the US economy. I’m also thinking about college tuition. Will the American Jobs Act have any effect in tuition? Will there be a tuition hike? I have no idea how it will but I hope it won’t because it will be terrible.