Welcome to another episode of my podcast. This episode discusses how rational decision making entails comparing the marginal benefits and marginal costs of an action.
Author Archives: johnzamen
Podcast 11 Opportunity Cost
Welcome to another episode of my podcast. In this episode we’ll discuss opportunity cost as the next best alternative given up in confronting while making choices.
Podcast 10 Productive Resources
Welcome to another episode of my podcast. In this episode we’ll discuss the productive resources, in other words the factors of production.