Y = F(K,L)
If you never did microeconomics, you will find this post particularly interesting. Those of you who did will enjoy the unusual twist. The equation above shows how outputs are related to inputs in production. It is our classic production function that tells us that production or output (Y) is a function (F) of the inputs, capital (K) and labor (L). How can we apply that function to the ATCO? We can start by identifying the products of ATC or the goods of demand and supply. What do you think these goods are? And where can we place Emotional Dissonance (EMDI) in the production function?
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| An artistic impression of dissonance |
