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For the following argument, identify the important claims by copying and pasting them into MindMup in another tab, give the ultimate conclusion the number 1, and map the arguments. After you have finished mapping all of the arguments in Mastery Check 2.2, in MindMup, click File –> Share and type rsaucedo@lamar.edu to share your maps with me for grading, just as you did for the MindMup – Honorlock Test.“Some maintain that we should pursue our own happiness without regard for anyone else. In fact, we should care about other people’s happiness. After all, we are social creatures so we can’t be happy unless everyone around us is happy as well.”

Macroeconomics studies components of the economy, as well as people and businesses behavior.

Apple invests $100,000,000 in research and development to create a better Iphone. Which scarce resource is Apple investing in? 

Firms can invest in both Capital and Labor.

People are based on their . 

Because people are rational, this means that individuals cannot make bad choices. 

Because the government is supposed to have the best interest of the people in mind, they do not suffer from agency cost. 

Give an example of a scarce resource and explain what you think economists mean when they describe something as scarce. 

The “HOT” marking must be applied to elevated temperature materials. (T/F)

The training record must include the employee’s name, training date, description, and trainer’s name. (T/F)