Hi Jim, > > I would like to make a point in that, while I agree with the CIS/CFS > 1280/1160 route being a cheap and proven way to go, AND that certainly > the Epson 2200 carts will be $$$, that any economics class will > introduce the concept of opportunity cost, which is Actually, the definition of "opportunity cost" goes something like this: "Something scarce can be allocated to a variety of different uses. When one use is chosen, the opportunity cost of that choice is the value of the next best alternative" So, if you have $500 (something scarce) and your choices are two Epson 2200 carts @ $250 each :) or a box of EAM for $500, and you choose to spend the $500 on the two carts, your opportunity cost is the cost of the EAM. (The inability to allocate scarce resources to buy it) >hidden, non-$$ costs (like not paying $ for air poluution when you buy a car). Actually the term for this is "externality" (actually there are positive and negative externalities, your example is an example of a negative one). A positive externality would be this: a darkroom printer would say "Ah, you have to buy a computer to do your printing!" To which you would reply "I ALREADY had the computer (for email, internet use, etc.)--it is just a bonus that I can do my image manipulations on it". It is a positive externality that you bought your computer for one use and derive extra utility from it. That, however, doesn't explain the cost of Photoshop, Piezo, and the Gig of RAM... :) Back to your regularly scheduled ink discussion... Jon
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Re: Epson 2200, 1280, and Quad Tone options
2002-07-03 by Jon
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