ECON 200 Lecture Notes - Lecture 2: Session Id, Sunk Costs
Document Summary
Econ 200 - lecture 2: intro and chapter 1. Clickers: necessary to purchase for class, to be able to use in class you must register at www. clickers. umd. edu, each class you must sign in with the class session id and the channel number. Practice questions: question 1: a pizza parlor offers an all-you-can-eat lunch for . You pay at the door, and then the waiter brings you as many slices of pizza as you like. He had an assistant serve as the waiter for one group of tables. The waiter selected half the tables at random and gave everyone at those tables an. The remaining half the tables got no refund. He then kept careful count of the number of slices of pizza each diner ate. What difference do you predict in the amount eaten by the two groups: question 2: you would like to play tennis on saturday morning.