Suppose you manage a convenience mart and are in charge of ordering products, but the home office sets the prices. In your area, the income elasticity of demand for peanut butter is –0.5. Because of local factory closings, you expect local incomes to decrease by 20% on average in the next month. As a result, you should stock peanut butter.

What problem does obeng say that we have in the 21st century? 2. obeng argues that the pace of change has eclipsed the pace of learning. do you agree or disagree? why? 3. what is "smart failure" according to obeng?

Situation #1: imagine that you are a free black male living in columbus, oh in 1863. you have seen the recruiting poster and have been thinking a lot about whether or not to enlist in the union army. write a one-page letter (double spaced) to your mother telling her of the decision you have made about enlisting (or not enlisting). be sure to explain the reasons that caused you to make the decision.

Why does c. wright mills identify critical thinking as one of the most important criteria for the development of intellectual craftsmanship? why is constantly being aware of the biased nature of your reactions and interactions (what c. wright mills calls self-reflexive) key to the development of that critical thinking? finally, why is keeping a file important, how can it lean to intellectual curiosity which can foster critical thinking and to develop a keen analytical mind?