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Essay On Conventional Wisdom

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Answers: 1.It says conventional wisdom is a explanation or an idea that is accepted by anyone in the public besides the truth in the statement. A great example would be that millions of people believed the Earth is flat, and others believe the Earth is the center of the universe. It says that conventional wisdom is wrong most of the time. 2.When a person exaggerates or makes a big deal, their arguments and are shown with facts, it results and creates a problem. The topic that a person lied about is not bad at all, but the false information that has been given shows the good and greatness that the people are trying to do. When there is a big chance, no one will really question conventional wisdom, due to the topic. 4. During the 1996 Olympics, the Atlanta Police Department threw around 2000 police reports and just did not want to deal with it. It was …show more content…

8. The costs that would be considered fixed costs are the money needing to be payed to the board of directors, dues, and the taxes. The costs that would be considered variable costs are the weapons, and the mercenary fighters used. 25,000 dollars in drug sales was the money that J.T’s unit brought in. That is a lot of money. 9. People like young workers who are successful start out at the bottom to get to more high paying jobs for not a lot of pay. The people who have the same outlook are drug dealers. It shows that he wants to be the top of the top, as a boss. This incentive would drive anyone to a low pay for jobs. 10. Becoming a singer or movie star as your dream is unlikely because everyone wants to do that. Most of the actors who are very popular did not start off with blockbuster hits, but better. Taking jobs or even finding job is impossible if you are unemployed. 14. An example for this would be cocaine, people who were rich were the only ones who could afford it, but when crack came out, it became very cheap and led to people affording it easily. To sum it up, price is

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