The More the Merrier, or is it? (via Johanne’s Economic IB Blog)

An amazing post in understanding the basics of the Theory of cost.

The More the Merrier, or is it? In order to fuly understand the basics of the Theory of cost, we did a game that reflected the same concept. The main aspects of the game was to start from one person moving tennis balls from one bag to another, 10 meters away. They were to carry the balls one by one to the other bucket and see how many could be transfered in 30 seconds. In each round, another person was added to the 'production' line until there were 13 people in total. The refl … Read More

via Johanne's Economic IB Blog

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