Which Can You Which Can You Afford?Afford?Why?Why?

http://www.lexus.com/models/LS/features/pricing.html

This car, LEXUS LS09?This car, LEXUS LS09?

This car, LEXUS LS 09?This car, LEXUS LS 09?

http://www.lexus.com/models/allModels/#

This car, FORD TAURUS 2010?This car, FORD TAURUS 2010?

http://www.fordvehicles.com/cars/taurus/

This car, FORD FIESTA 2010?This car, FORD FIESTA 2010?

http://www.ford.com/vehicles/auto-shows

This HD motorcycle?This HD motorcycle?

This bike?This bike?

Or this bus?Or this bus?

This castle?This castle?

This house?This house?

Or this house?Or this house?

What is the problem?What is the problem?

The problem is called SCARCITY, which is The problem is called SCARCITY, which is the basis for the subject of Economics.the basis for the subject of Economics.

What is scarcity?What is scarcity? We do not have enough resources.We do not have enough resources.

In this case, resources mean $$$$.In this case, resources mean $$$$. By studying Economics we know how to By studying Economics we know how to

deal with the scarcity problem. deal with the scarcity problem.