real life applications of economics
Posted: Fri Feb 13, 2009 7:46 am
Nash equilibrium - reason behind why ppl keep screwing u up the ass
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diminishing returns - as you get more and more of something, the value it gives you gets less and less
eg. the more swiss cakes you eat, the less desirable they are
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Code: Select all
diminishing returns - as you get more and more of something, the value it gives you gets less and less
eg. the more swiss cakes you eat, the less desirable they are
Code: Select all