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Questions from yesterday?

Questions from yesterday?. Law of Increasing Costs in Real Life.

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Questions from yesterday?

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  1. Questions from yesterday?

  2. Law of Increasing Costs in Real Life Friends are coming over. Your room is trashed. You only have a half hour. Which of the following would you do first, second, third, and so on, to make the most of the time you have to get ready? Which chores will give you the most "bang for the buck"?

  3. Pick up clothes and throw them in laundry Sort clothing in the drawers and decide which items to donate to charity Organize the closet Clean the windows and wash curtains Vacuum Rearrange items on the bookshelf Make the bed

  4. As we shift our LABOR from one task to another, the opportunity cost goes up

  5. Marginal Analysis - "Thinking at the Margin" is all about asking "Is it worth adding ONE ADDITIONAL?"

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