S E3: Core Principle 2 - The Opportunity Cost Principle - Or What?
Think Like An Economist
The Opportunity Cost of Eating Doughnuts After Dinner
The opportunity cost of eating doughnut in a morning meeting would be foregoing your bowl of ice cream after dinner. Did you know a recession is good news for net flocks? The revenues often boom. When the economy is struggling, there are fewer jobs, which means less work to do. So i'm thinking, recession, you might have lost your job, so you've got more time o watch things. Exactly.
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