Discuss if Education is the Investment of Human Capital.
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Discussion 1: Higher Education
Direction: Education is the investment of human capital. Please watch the video
Is Education a Waste of Time for Married Women?
Question: Do you agree or disagree with the two ladies? Why? Answer in a post of at least 100 words.
Discussion 2: iPhone
Direction: Please watch the video How Apple Got Us to Pay So Much for The iPhone.
https://money.cnn.com/2018/09/13/technology/apple-iphone-prices/index.html
Please answer the following questions in at least a 100 word post.
Questions:
(1) Suppose you lost your cell phone and need to get a new one as soon as possible. Would you consider only iPhone or other brands (for example, LG, Google, Samsung) as well?
(2) Is iPhone a necessary good or a luxury good to you? [Hint: What is your income elasticity of demand for iPhone?]
(3) In your opinion, do you think the iPhone XS Max is worth $1,099? If yes, why? If not, why not and how much do you want to pay for it?
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