Business, 28.09.2019 04:20 flowerrbabie

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- trade can make everyone better off.- people face trade-offs.- rational people think at the margin.- 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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