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
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1 comment:

  1. UnknownNovember 15, 2009 at 7:53 AM

    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.

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