The Economics of The Office

Learning economics from the world's best boss

Landlord Dwight

When Dwight becomes the office's landlord he sets up a coffee shop in the foyer and installs motion sensors on the lights. Dwight is able to charge high prices in the coffee shop because its location gives him monopoly power. His efforts to cut costs are an example of incentives at work.

Season 7 Episode 10 "China"

Microeconomic Behavior: Underlying Principles (D01) Production and Cost (D24) Monopoly (D42)

Dwight Jim Andy

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Broke

Using this clip as a starting point, we can demonstrate and discuss the difference between fixed costs and variable costs.

Season 5 Episode 25 "Broke" Caution!

Production and Cost (D24)

Michael Pam Ryan

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