A noted economist was asked what he did with his free time. He responded by saying that

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A noted economist was asked what he did with his “free time.” He responded by saying that “time is not free.” Explain this response.

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Managerial Economics and Organizational Architecture

ISBN: 978-0073375823

5th edition

Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr

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Question Posted: Apr 10, 2018 09:21 AM

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A noted economist was asked what he did with his free time. He responded by saying that

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Time is finite If it is used for one activity it cannot be used for another acti...View the full answer

Managerial Economics and Organizational Architecture

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