3 ms·

they can’t or won’t work more hours, then the calculation changes How so? If I come into work (self employed) and have no Internet access I immediately start

they can’t or won’t work more hours, then the calculation changes How so? If I come into work (self employed) and have no Internet access I immediately start losing money (double if you count both people in my office). If I have to debug my own hardware, possibly drive to Staples to buy new hardware - I lose even more money, not to mention the cost of new hardware. My only recourse is to eliminate some personal time with my family and replace with more business time to make up for the losses. I don't see how this calculation makes buying my own hardware more economically attractive.

sykh 8y ago
If the time spent on troubleshooting cuts into the number of billable hours then one should factor in the wage for those billable hours. If it doesn’t subtract from the number of billable hours then the wage of a billable hour doesn’t factor in. Where you mention cutting into personal time with family is precisely what I mentioned when I said the opportunity costs aren’t monetary when at full employment. If that non monetary opportunity cost is too high then one should rent the modem.