423 - i think it has been proven that beer..and getting head are the only things on this earth that defy the whole case of diminishing marginal utility
1243 i think most people understood the meaning and context. 1. OP prob still drunk. 2. its douchey to get technical when everyone else understood the context. we get it. its cost.OPs prob failing!
6:25 is correct. It's not opportunity cost in this context. It's that the cost or "pain" of going is not worth paying for the assumed marginal benefit of what he'll learn. So obviously the OP and all of you who unquestionably salivated At the attempted humor need Econ for Dummies.
Excellently put. However,
the Long Run average cost of missing class > the marginal benefit of skipping
this is all under the assumption you are a shitty student.
Did you get laid the night before? in which case SR marginal benefit of getting laid > SR benefit of class
"Cost" is more accurate than "opportunity cost" in this context because he is not emphasizing any opportunity he's missing by going to class so much as he's emphasizing how brutal it would be to drag his ass out of class.
This could be right. What's he giving up by going to class? Rest and recovery. Maybe even morning sex. If that's his opportunity cost I'd agree it's greater than the marginal benefit of misery sitting through a 1.5 hr lecture.
1.19- yes, because everyone from 865 area obviously goes to UT....
I'm a 469 living 3 hours away in a 405 area for school. People move when they go to college, and usually don't change their numbers.
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