Re: Why December 31st?
Declan Murphy wrote:
> Brett Robson wrote:
>
>>
>> Declan Murphy wrote:
>>
>>> So far he has had free tuition on marginal utility, opportunity cost,
>>> the role of central banks, exchange rate regimes & aggregate demand,
>>
>>
>> When we learnt marginal utility the scenario was beer and pizza, you
>> can have 10 pizzas or 10 beers. 5en would have been sitting there
>> thinking 10 pizzas or 10 beers, why do I have to choose, I want both.
>
>
> You do not have to choose. You can have both. To enjoy 10 beers and 10
> pizzas (or 10 pizzas and 10 beers for the pedantic) the consumer simply
> (laugh) needs to establish a new indifference curve. To do this you need
> to establish a new (larger) budget constraint. Bon appetit.
>
> Naturally the dismal science also predicts that with 10 beers and 10
> pizzas you would be drunker but not happier, since with the new
> indifference curve you would be trading off the option of 20 beers and 0
> pizza, or 20 pizzas and 0 beers, or some point in between on the new
> curve. All other factors being equal, no externalities and transaction
> costs equal to zero.
Is that what you wrote in the 解雇通知?
--
Kevin
"This is the best election night in history."--Democratic National
Committee chairman Terry McAuliffe, Nov. 2, 2004, just before 8 p.m. EST
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