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Topic	You can't have your cake and eat it too. Can someone explain this
Sahuagin 08/05/21 6:04:21 AM #42:	Zareth posted... Why would you want cake if not to eat it though you could eat it now, or you could it eat later; you could give it to someone else, or you could trade it to someone else. the term for this in economics is opportunity cost. if you spend a resource one way, you forego all of the other ways that you could have spent it. so, the cost of that option is actually more than just the value of the resource. and not having spent the resource yet is a considerably more advantageous position to be in than having spent it. --- *The truth basks in scrutiny.* https://imgur.com/GMouTGs http://projecteuler.net/profile/Sahuagin.png <cite>Sahuagin posted [p:956793960] in You can't ... [t:79598421]...</cite> <quote>Zareth posted... </cite> <quote>Why would you want cake if not to eat it though</quote>you could eat it now, or you could it eat later; you could give it to someone else, or you could trade it to someone else. the term for this in economics is opportunity cost. if you spend a resource one way, you forego all of the other ways that you could have spent it. so, the cost of that option is actually more than just the value of the resource. and not having spent the resource yet is a considerably more advantageous position to be in than having spent it. --- The truth basks in scrutiny. https://imgur.com/GMouTGs http://projecteuler.net/profile/Sahuagin.png</quote> ... Copied to Clipboard!
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