Back to School: Economics 101
00:00:00 - 00:03:04
  • Economics → Cost Analysis → Variable Costs
  • Business → Entrepreneurship → Starting Costs

In this humorous example showcasing the gap between the "real world" and theory, Thornton Melon challenges the assumptions that Dr. Barbay poses to the class about starting a new company. Thornton asks questions such as why they are building a factory instead of leasing one and what product they're selling. Dr. Barbay is not amused by his interjections.

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  • 01:32 - 01:33

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