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Updated on Sunday, October 23, 2011

#462

Overheard:
Econ Prof: If I sat down with someone and they say 'this coffee gives me 10 utils of utility,' I'd say get the hell away from me. If they say this coffee gives me 10 utils which is 50% greater utility relative to this muffin, I'd still say get the hell away from me. But ok. at least they know what they're talking about.

4 comments

  1. Larry Smith used sex and beer as his examples of marginal utility.

    ReplyDelete
  2. Ohhh Larry Smith
    Love the guy lol

    ReplyDelete
  3. Ohhh Larry Smith
    Love the guy lol

    ReplyDelete