EC Homework 3

EC Homework 3 - Extra Credit Homework#3 Due by the end of...

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Extra Credit Homework #3 : Due October 11, 2007 by the end of class. (1) A. ($500) From the Economics in the Movies workbook watch the scene from Along Came Polly (scene 15 in the workbook). Rueben’s place is spotless. Can you be too neat? I am a bad person to ask this question to. I have OCD and am germophobic. In my mind, there’s no such thing as being too neat. I suppose that the economical way of answering this question is that you can be too neat. This is when the marginal cost of being too neat is bigger than the marginal benefit. For example, if being neat takes up too much time in your day and you don’t get anything else done. What is the cost of trying to attain perfection (in our looks, the environment, safety)? It costs a lot of time and money. In our looks, there are a lot of people that have spent a lot of money on plastic surgery, and they look it—plastic. In the environment, I don’t think that there can ever be perfection. The environment is all about naturalism and perfection is not natural. To try to perfect the environment would be stupid and would cost a lot of money just to do something stupid. Safety costs
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EC Homework 3 - Extra Credit Homework#3 Due by the end of...

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