This great clip from Friends shows the equity/efficiency tradeoff nicely. It’s also a nice opportunity to bring up the idea of fairness. While splitting a check into equal parts is easier, it’s not always appropriate for people who don’t eat much.
Teaching Economics with Media
This great clip from Friends shows the equity/efficiency tradeoff nicely. It’s also a nice opportunity to bring up the idea of fairness. While splitting a check into equal parts is easier, it’s not always appropriate for people who don’t eat much.
Leave a Reply