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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
Is cutting down a tree in two hours with an ax more efficient than cutting it down in ten minutes with a gasoline-powered chain saw?
A) No, because time is valuable.
B) Yes, because hand tools conserve nonrenewable energy resources.
C) It could be, if the person cutting down the tree places a high enough value on the exercise.
D) There is no way to answer the question.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
The textbook reference in your signature really helped me narrow it down.

Happy to help Wink Face
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