Sunday, November 15, 2009

Something Light

First, it's important to remember that our wants are endless.

Second, opportunity cost differs from person to person and is relative.

Frazz
Posted by at
Labels: , , , ,

1 comment:

Unknown said...

I would also like to add to the list of econ concepts, relative costs. When a good becomes relatively cheaper, we consume more of it.

November 15, 2009 at 7:53 AM

Post a Comment

Subscribe to: Post Comments (Atom)