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Economics Exam Question 1

Posted by Paul McMillan on Thu Jun 12, 2003 08:27:49 AM

In reply top P-38 Opinion Poll posted by RobC on Wed Jun 11, 2003 05:44:44 PM

Suppose you won the 5 Million on the Lottery would you prefer to spend 1 Million on a flyable warbird or 1.5 Million on a project to get one flying only for it to be worth 1 Million?

Discuss...

I would perfer to 'waste' the 500,000 just to have the fun of organising the project/sourcing the resourses and parts and getting it flying... But that's just me!

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