a. Two girls are sharing a cold chocolate milk, as in the picture below. How long do

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a. Two girls are sharing a cold chocolate milk, as in the picture below. How long do you think it will take them to drink all the milk? How long would it take if each girl had their own glass and half the milk? Can you see a problem when the girls drink from a common glass?
A. Two girls are sharing a cold chocolate milk, as

b. What is going on in this picture of the East Texas oil field in 1919? Can you see the problem?

A. Two girls are sharing a cold chocolate milk, as

c. Why did we put these two questions together?

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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