Your friend says, Id rather be a big fish in a small pond than a small fish

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Your friend says, “I’d rather be a big fish in a small pond than a small fish in a big pond.” What concept does this comment illustrate?

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Question Posted: Nov 27, 2015 02:13 AM

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Your friend says, Id rather be a big fish in a small pond than a small fish

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Your friend has illustrated the concept of frames of reference Your fr...View the full answer

Microeconomics

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