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Business, 27.01.2020 23:31 trevinojazzy8625
Billie jean has $120 to spend and wants to buy either a new amplifier for her guitar or a new mp3 player to listen to music while working out. both the amplifier and the mp3 player cost $120, so she can only buy one. this illustrates the basic concept that:
a) trade can make everyone better off
b) people face trade offs
c) rational people think at the margin
d) decisions made at the margin are not particularly important
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Billie jean has $120 to spend and wants to buy either a new amplifier for her guitar or a new mp3 pl...
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