Greg Mankiw posted this picture that Linda Ghent, economics professor at Eastern Illinois University, sent in. This was a billboard on a highway outside Charleston, Illinois. This clever billboard powerfully illustrates the opportunity cost of being cheap with your partner.

The Opportunity Cost of Cheap
No TrackBacks
TrackBack URL: http://www.econosseur.com/cgi-bin/mt/mt-tb.cgi/20
1 Comment
Authors
- Richard W. Evans is an Assistant Professor of Economics at Brigham Young University
- Jason DeBacker is a Washington, D.C. economist
- Kerk L. Phillips is an Associate Professor of Economics at Brigham Young University

I don't get it...