Obi-Wan And Qui-Gon Face A Trade Dispute (The Phantom Menace)

Qui-Gon and Obi-Wan try to stop a trade blockade. Trade blockades are a type of trade dispute that occurs when one party attempts to cut trade from another party using force. This is very common in times of war when one party is attempting to stop another from obtaining supplies. A Trade Dispute, or aContinue reading “Obi-Wan And Qui-Gon Face A Trade Dispute (The Phantom Menace)”

Obi-Wan Learns About Clones (Attack Of The Clones)

Obi-Wan is learning about the production process of Clones. There are intense training programs and growth acceleration that allows the production time to be cut in half. This is similar to the production of other goods that have the optimal inputs and allow for more efficient production. It is important for a firm to chooseContinue reading “Obi-Wan Learns About Clones (Attack Of The Clones)”

Character Profile: Obi-Wan Kenobi

Obi-Wan Kenobi is Luke Skywalker’s mentor in the original trilogy and Anakin Skywalker’s master in the prequel trilogy and makes appearances in the films “The Phantom Menace,” “Attack of the Clones,” “Revenge of the Sith,” “A New Hope,” “The Empire Strikes Back,” “Return of the Jedi,” “The Clone Wars,” as well as multiple television series.Continue reading “Character Profile: Obi-Wan Kenobi”

Anakin Freed as Slave and Leaves to Train as a Jedi (The Phantom Menace)

Anakin Skywalker has been freed from slavery by Qui-Gon Jinn and he now wants to become a Jedi, as is believed to be his destiny. However, Anakin’s mother has not been freed, thus, the opportunity cost of Anakin going to be a Jedi is that he has to leave his mother forever. Opportunity Cost isContinue reading “Anakin Freed as Slave and Leaves to Train as a Jedi (The Phantom Menace)”

Luke Agrees to go to Alderaan with Ben (A New Hope)

At first, Luke doesn’t want to go to Alderaan, as he needs to stay at home with his aunt and uncle. When Luke discovers that his Aunt Beru and Uncle Owen have been killed by Empire, he now has nobody at home. The opportunity cost to Luke of leaving Tatooine is lower now that hisContinue reading “Luke Agrees to go to Alderaan with Ben (A New Hope)”

Luke and Ben Meet Han Solo (A New Hope)

Obi-Wan Kenobi takes Luke to the place with the most people to find a pilot – a bar. This is because it has the lowest search cost. To find a pilot to take them to Alderaan is challenging; however, they were able to find someone, Han Solo, fairly cheaply. Search costs are the time, energy,Continue reading “Luke and Ben Meet Han Solo (A New Hope)”

Luke Sells His Speeder (A New Hope)

Luke must sell his automobile in order to hire a pilot and ship to fly himself and Obi-Wan. Luke doesn’t get much in return for selling his automobile though since a newer model was released and they’re not in demand anymore. This is due to the increased demand in similar but newer and perhaps improvedContinue reading “Luke Sells His Speeder (A New Hope)”