"Jonathan Livingstone Yuppie is a prosperous lawyer. He has, in his own words, "outgrown those confining two-commodity limits." Jonathan consumes three goods: unblended Scotch whiskey, designer tennis shoes, and meals in French gourmet restaurants. The price of Jonathan's brand of whiskey is $20 per bottle, the price of designer tennis shoes is $80 per pair, and the price of gourmet restaurant meals is $50 per meal. After he has paid his taxes and alimony, Jonathan has $400 a week to spend."
such a vivid example from my problem set.
Flashback Friday - Ah, the good ol' days of Christmas past! This was our first Christmas after we left California, which makes it 1990 in Ithaca, and the picture was for our...
2 days ago