Question
https://freakonomics.com/podcast/is-this-the-worst-job-in-corporate-america-or-maybe-the-best/ WATCH THE PODCAST ABOVE ^ Connection to Microeconomics: Explain how the episode's content relates to the principles of microeconomics you learned in class. Identify
https://freakonomics.com/podcast/is-this-the-worst-job-in-corporate-america-or-maybe-the-best/
WATCH THE PODCAST ABOVE ^
Connection to Microeconomics: Explain how the episode's content relates to the principles of microeconomics you learned in class. Identify specific concepts, theories, or models from the course that are relevant to the episode and explain how they apply. You may want to consider the following questions:
a) How do the episode's main ideas contribute to your understanding of microeconomic concepts?
b) How does this episode offer a unique or unconventional perspective on these concepts?
c) Can the episode's content be used to critique or challenge the course material?
Examples of concepts:
- Perfect Competition
- Monopolies and Profit
- Marginal Revenue
- Opportunity cost
- Supply and Demand
- Markets and Competition
- Price Controls
- Producer Surplus
- Welfare and Consumer surplus
- CS and PS Calculations
- Externalities
- Negative Externalities
- Corrective taxes
- Firm Production
- Marginal and Average costs
- Profit maximization
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