ECN 340 Lecture Notes - Sexually Transmitted Infection, Peanut Butter, Holding Hands

22 views3 pages

Document Summary

Sexual behaviour: sex is simply another service that is wanted and supplied. Economic characteristics of sex: sex as a service, holding hands, kissing, petting or groping. This is a value judgement so does not apply to the economics of sex: a matter of taste. Intensity: for most, it is the intensity of the sexual experience that makes it so appealing, most willing to pay a higher cost to experience it compared to having a peanut butter sandwich. In this sense, intensity is synonymous for benefit. It is impossible for people to talk about their preferences because everyone is unique. Law of demand and sex: as price rises, quantity demanded falls. Price, in terms of sex, does not always mean money (e. g. Risk of pregnancy, travelling long distances, etc. : prostitutes know this very well: higher price, fewer customers , men demand more units of sex as price drops.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents