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I learned a pretty important lesson while I was in graduate school: if your group isn’t very small and your group isn’t a very large one, you may actually lose...

we don’t realize what we are doing until it is too late. As a general rule, when the audience is sitting, they should not be distracted from your presentation. The...

A monopsony is when two parties compete for the same goods and services, and the only way to determine which party is the winner is to make a bid. In...

The short-run aggregate supply curve shows the relationship between the number of homes on the market and the supply of homes on the market, the supply of new homes, and...

The institution of the law. It is the way that we obey the law. The law is a set of rules that govern how we all interact with each other...

The first thing I think about when I hear the phrase “price ceiling” is that it implies that the entire market will be forced to accept a certain price for...

The social penetration model by altman and taylor is a good overview of what it means to think on autopilot. In the video, altman and Taylor briefly explain what it...

Market Power is the capacity to cause harm. Market Power is the capacity to cause behavior. The first two are the same thing: market power. The third is a little...

This is a really cool, easy way to integrate a new project into the existing project. It works the way that it did, it’s something that most homeowners do, but...

I am happy to say that we have more in common with each other than we do with our ancestors. This is a very important point to remember as the...