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> If you make $149/hr, it's cheaper for you to pay the quoted cost. If you're salaried at Google for 40 hours/week with no paid overtime and no side gigs allow
by michaelt 4y ago
> If you make $149/hr, it's cheaper for you to pay the quoted cost.
If you're salaried at Google for 40 hours/week with no paid overtime and no side gigs allowed, the median value of your time is $149/hr but the marginal price is $0/hr because working an extra hour doesn't make you any extra money.
I suspect farming is similar - it's not like you can take that free hour, add 4 square feet to your field and produce $149 more wheat.
- zamnos 4y agoIf you're salaried at Google, but the extra hour of work gets you closer to promo, which results in a pay bump, is it really worth $0 though?
- bluGill 4y agoDepends, at planting or harvest time not working on planting or harvesting when the weather allows costs a lot more than $500/hour. However in the middle of winter there is plenty of time where the farm has nothing you need to do and so the value of your time is zero.