How Much
06-09-2003, 05:11 PM
#24
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Join Date: May 2002
Location: California
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Originally Posted by teknics' date='Jun 9 2003, 01:53 PM
the answer is so easy:
As much wood as a woodchuck would chuck if a woodchuck could chuck wood.
kevin.
As much wood as a woodchuck would chuck if a woodchuck could chuck wood.
kevin.
mike
06-10-2003, 08:03 AM
#27
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Join Date: May 2003
Location: Pensacola, FL
Posts: 124
Well, if we turn to our Econ 101 texts we can hypotesize that the woodchuck is facing a no scarcity situation. That means the woodchuck would probably chuck to the point where marginal benefit equals 0.
06-10-2003, 08:13 AM
#28
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Originally Posted by kkw4p' date='Jun 10 2003, 05:03 AM
Well, if we turn to our Econ 101 texts we can hypotesize that the woodchuck is facing a no scarcity situation. That means the woodchuck would probably chuck to the point where marginal benefit equals 0.
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