... necessary to live in an apartment building in San Francisco A May 5, 2 014 headline from The San Francisco Chronicle was “S.F Landlord: Make $10 0K or Get Out.” This story discusses an owner’s attempt to. .. include: a) The choice to skip breakfast to go to class In this case the benefit is the higher grade in the class and the cost is the breakfast forgone b) The choice to stop talking with a friend... experiment puts people into decision making situations and then varies the relevant factors one at a time to determine each factor’s effect How is economics used as a policy tool? Individuals, businesses,