1. Google provides Gmail users with 15GB of "free" storage. Is it really free? If not, what are the costs and who pays them? 2. Theoretically, users who reach their limit also have a third option: they can switch to a different email provider. Why might people be unwilling to do that? 3. Consider the opportunity cost of users' time associated with spending several hours to delete thousands of emails. If a user is willing to spend 2 hours per week deleting emails to avoid spending $2 per month for storage, what does that say about the value a user places on their leisure time? Is that rational?
1. Google provides Gmail users with 15GB of "free" storage. Is it really free? If not, what are the costs and who pays them? 2. Theoretically, users who reach their limit also have a third option: they can switch to a different email provider. Why might people be unwilling to do that? 3. Consider the opportunity cost of users' time associated with spending several hours to delete thousands of emails. If a user is willing to spend 2 hours per week deleting emails to avoid spending $2 per month for storage, what does that say about the value a user places on their leisure time? Is that rational?
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 2SQ
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Transcribed Image Text:1. Google provides Gmail users with 15GB of "free" storage. Is it really free? If not, what are the costs and who pays them?
2. Theoretically, users who reach their limit also have a third option: they can switch to a different email provider. Why might people be unwilling to do
that?
3. Consider the opportunity cost of users' time associated with spending several hours to delete thousands of emails. If a user is willing to spend 2 hours
per week deleting emails to avoid spending $2 per month for storage, what does that say about the value a user places on their leisure time? Is that
rational?
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