Cost-Effectiveness of Small Solutions by Robert E. Slavin

Cost-Effectiveness of Small Solutions
Robert E. Slavin
 
Imagine that you were shopping for a reliable new car, one that is proven to last an average of at least 100,000 miles with routine maintenance and repairs. You are looking at a number of options that fit your needs for around $24,000.
 
You happen to be talking to your neighbor, an economist, about your plans. "$24,000?" she says. "That's crazy. You can get a motorcycle that would go at least 100,000 miles for only $12,000, and save a lot on gas as well!"
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