A gardener exclaims: For only $1 in seeds Ive grown over $20 in produce! Besides the fact

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A gardener exclaims: “For only $1 in seeds I’ve grown over $20 in produce!” Besides the fact that most of the produce is in the form of zucchini, what other observations would a cynical economist make about this situation?

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Intermediate Microeconomics

ISBN: 978-0393934243

8th edition

Authors: Hal R. Varian

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Question Posted: Feb 25, 2019 06:15 AM

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A gardener exclaims: For only $1 in seeds Ive grown over $20 in produce! Besides the fact

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The gardener has ignored opportunity costs ...View the full answer

Intermediate Microeconomics

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