Work, wellbeing, and scarcity
Materials for class on Wednesday, January 30, 2019
Paper airplanes and diminishing marginal product
Here’s the average production function:
And here’s the by-round production function (yay learning!):
Clearest and muddiest things
Go to this form and answer these three questions:
- What was the muddiest thing from class today? What are you still wondering about?
- What was the clearest thing from class today?
- What was the most exciting thing you learned?
I’ll compile the questions and send out answers after class.