4 ms·
>Close. We pay money to use other people's times _and_ resources (capital) and outputs (widgets) If these other things still require time as an input to create
by 000ooo000 3y ago
>Close. We pay money to use other people's times _and_ resources (capital) and outputs (widgets)
If these other things still require time as an input to create them, isn't it still just time at the end of the day?
- tomrod 3y agoWith a really indirect definition, yes! But then, the cost per unit sold for the latest Taylor Swift album through Apple Music is basically free, so much so that the marginal amount of time to produce and sell it is extremely negligible.