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Find five applications of any economic ideas in the book Candide by Voltaire. Just quote the book and what it relates to.

For example:

The King laughed. `I don’t understand your European taste for our yellow mud,’ he said; `but take all you want, and much good may it do you. P. 83 (Law of demand or DMV)

`Yes,’ said Martin, `but theirs is another kind of folly. You realise of course, that these two nations are fighting over a few acres of snow on the borders of Canada, and that they spend more money on this glorious war than the whole of Canda is worth. P. 110. (Sunk cost)

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Paramjeet Chawla
Paramjeet ChawlaLv8
28 Sep 2019

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