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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Time is finite If it is used for one activity it cannot be used for another acti...View the full answer
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Related Book For
Managerial Economics and Organizational Architecture
ISBN: 978-0073375823
5th edition
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
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