What, according to Karl Marx, has all of human history been a struggle between?
Use your academic language to answer the following questions for the NPR article.
1. Identify the article as Macroeconomic or Microeconomic. Why?
2. Identify the product in the article. Is it a want or a need?
3. What resource is scarce in this article? How is that affecting people’s choices?
4. What trade-offs have people found for breakfast cereal? What is the utility of these trade-off?
5. What is the choice that Jim Hiller think most people are making? How has that affected the product?
6. Is this article mostly using positive or normative economic examples? Give examples.
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