$2000 a month? A week? A day?
You might as well replace the numbers with letters because discussing a time-for-money exchange while ignoring the time component is pretty worthless.
You might as well replace the numbers with letters because discussing a time-for-money exchange while ignoring the time component is pretty worthless.
At least until then, marginal utility is essentially linear with marginal gross.
Not sold? Boom, imagine that your loved ones are suddenly ill.