Are the Best Things in Life Free?
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students use economic reasoning to analyze the costs and consequences of marital choice. "The best things in life are free." This idea is widely expressed as a maxim by people who know nothing of its origin. They know it's true through intuition and common sense. In this lesson students analyze choices that married couples make in order to understand that, contrary to expectations, these choices do have costs.
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