真四第張六第 日一廿月正年卯乙
|經濟及公共事務科
(十六
剟奇敏。
EXONOMIC AND PUBLIC AFFAIRS
(16) Question: (16) What are the chief. Oharecteristics of man's wants, and how are they mat?
Annweri Han'n ante tend to compete.
with one another. This is explain-
MAM
WAH KIU MAT PO
pany. For instance, we have to daalde
whether we should spend the afternoon reading a novel or watch- ing televisión, or whether we should do both but less of each. This also gives rise to the sig nificance of marginal utility. End the application of equi-marginal returna (or the Law of Subatiṭation)
Another outstanding character tatia of mimari wants is that the number of our wants increases day after day. Each morning as we wake up wo find ourselves wanting more thtaga to make our livee appy end comfortable. Yesterday we were delighted to have a radio set; today we want a radiogram, and: · tomorrow, it is certain that we will long to have a vape reed 上点AX, and ao on. Thle charanterdetic, however, does not apply so much to our basic wants as our aBoondary,
ed by the fact that as things ara...
BOB roity as
夜色 often find
limited in on it, economiste cull this soloing whether to de
ör to do that. Tina and money in particular are greatly demanded. by people, and when our decisions. invalva these two things, we find that a. choice must uiways be mads, That wants are competitive can be
seen from aur everyday experienòS 84.
報日僑華
If there is an advantage to be got from this characteristic, it....
to probably lies in its ability provide us an incentiva for work. Another thing to be noted is that had it not been for this character istic we should not have had a high atandard of living as we have today Our lives have thus been made more. confortable and
eaay.
Our wanta are also generally joint, By this is meant that if we want to buy A commodity, we may Also have to bay B commodity
AÐ
●期星
The leat characteristic of man's wants in that they can be generally jompletely meta However great is our desire for a particular nomodity there is a limit to this isere, ac that we are often satisfied with what we have. This" sharacteristic has hence given rise to the Law of Substitution which staves that when we have got a aertain minimum amount of esch'
it is possible for us to replace A article for Barticle and ́ét cetera.
Free goods and economic gooda
Trea exist to satisfy man's wante
•
goods are those things that exist freely around us and which we can obtain without effort. The air we breathe, the sand with which
because both A. and B co
commodities go. together to satisfy our wants. an example we can illustrate this in the case of gramophons and records.
One is useless without
the other. Oufflinks and tie-clips usually come in sete, because most
boys prefer these to match in order to appear more elegant,
children play by the beach, am the scenic landscapes of countries.
日三月三年五七九一圈公年四十六國民華中育教
#naon meyer cease to rascinate us are olussin examples of free goods.
Obviously, free goods alone cannot meet our wants, as We realize that our wants tend to grow in number as the years go by, if Nature fails to supply us enough thinga to mest our wante, then we bave to produce then, Economia
ment free goods. These are things or services which are produced by our effort.
Often the gifte of Nature must be utilized it économie goods are to be
Produned. For instance, a tree staniding alone du the foreat is merely a tree, da it does not Bat provide man any utility. through the apenditure of our time. and effort we can tum the trae into many forms useful to us. For instance, this baric can be converted
into paper, which in turn san pe used to make newspapers, magazines,
text books, etc; and the trink can be made into a boat on eft for "convenient transport down the river.
the wood can be turned into comfortable and attractive furniture.
It can be concluded that man a wents and met by the free gift of Nature; and where these gifte are incapable of satisfying our wante our.productive methods are employed: to ornate economic wealth, thus ensuring that at all times our primary and secondary wante are mét, no matter how competitive and mmerous they era.
Exercise for next week
(17) Comment on the problem of
juvenile delinquency, in Hong Kong and mention how it may be tackled.
AIRPORT
未,援高未,奇高 見見行空聞聞失空 !所動救!所事離
讚大評影大位等
級球譽際新 每 巨公發公藝天 片司行司瑪 五 超環榮國 場
映週五第
鼎賣
凱 菜
盛座
聲都
無是死高 雙胆神空
塲機際國
五七九一
杏/作製大驚天破石壇影界世
會紅廿 演星二
士路
頓登
CAIVERSAL
好5
澳洲金活
看速看未天今後最
照早福天今
品牌: 早請天今
奥振廠片磐影電京
催雪倫陸
馬馬慈慈
間時映放
甜美味
經霜駡怒笑婛在晚今
ELAST BATTLE
泰國
映演場五天今
事故史歷色彩。
九七五用12 點點點點點 九牛正牛 意留鈉
巨奇刺警告公司狄 片情激覷曲司鋋龍
臺寵男 食物人
TRA TE TE
張在鬼 44 “冰粉
夜牛點早
西平虎三场夜午今日姿高
部陶·拉麵
小心交
敦倫 珠明
华新
仍五今滿觀滿戲,四今滿昨 映 場天意衆座院|場仍座天
門碟間彩七 主感肉情色彩弋
聚集!多無期映齲
片瓦配香多風行告染司公國南
忠烈圖
• 胡金餘導演
一 寵男
蕊!流風嘆 流風享
日 撈 記女
物人
時時時
閒肤
兒童不宜
映場五滿狂
奇大美香公狄
臺寵男
要長流風順紅滾物人
連妮署亞莉瑪角主:戈探後最黎巴 演主合聯星數張肉多余洲歌餐
戲赠男 秘秘 奇奇
「好人 中 |4
淨含量
陳陳方金:
添姨 蘭鄴珠明
債肉街花
華新
K 678091
嗜場五大
經請气狂
伊的家早天滿
满堂達利 关
輝虎龍
ty Namen, Pobods
幕餵開彩七藝特
地碌到笑彩精得演快痛得打
樂百花之
FALL
ROMAN EMPIRI
巨大九
料庆 我火尤物業料器
初夜奇譚
代名片
吳映週五第
映續合聯天气:
五兮
天
片鉅味有火煮糖香品出利
飛
大石
演主銜領國風陳。珍燕金、浩
作天影
七特
味津 記日女撈
日撈
記女
家庭
ath-
旺越映越竹0
精圳公下三地梅山太恒案灘上平
港九影院聯合廣告