Saturday, March 27, 2010

The Equal Marginal Benefit Principle in One Picture



Click here for a post explaining the EMBP.

3 comments:

Adam Gurri said...

Nice.

You've got a spam comment on your original EMBP explanation post, btw.

offby1 said...

That picture would be a lot more effective if you were to Photoshop out the wall outlet -- it's distracting.

Pavel Yakovlev said...

I would say it is the law of one price or the efficient market hypothesis in one picture.