=+You: $30. Friend: It is efficient for you to buy the headphones and give them to your

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=+You: $30. Friend: It is efficient for you to buy the headphones and give them to your roommate. You gain more than you lose; the benefit exceeds the cost. You should do that.

You: It just isn’t fair that I have to pay for the headphones when I’m not the one making the noise.

a. Which parts of this conversation contain positive statements and which parts

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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