Oct 24 2007
SAS Economists Podcast #4: There can’t be too much of a good thing… can there?
Published by Jason Welker under
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Wikipediaby Helen Chu and Angel Liu
How do brownies relate to economics? First, most people can agree that brownies are, in general, a “good thing†because, well, they’re yummy. And because they are commonly perceived as a “good thingâ€, we have chosen them to be the subject in our exploration of the law of DIMINISHING MARGINAL UTILITY. How can such a “good thing†transform into something revolting in less than ten minutes? Take a look at the results below and listen to our podcast – you’ll see.
SAS Economists Podcast #4: There can't be too much of a good thing... can there?: Play Now | Play in Popup | Download
SAS Economists Podcast #4: There can't be too much of a good thing... can there?: Play Now | Play in Popup | Download
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