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S E17: The Labor Market - Live to Work, or Work to Live?
Think Like An Economist
What Is the Opportunity Cost of Working?
Workers are suppliers of labor, we'll need to sort out what motivates people to work. We're going to bring in some of the corps principles to do this. The most important thing you need to think about is the opportunity cost of working. What would you be doing if you weren't working on think like an economist.
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