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Seinfeld Economics: The Deal (Elaine's and Jerry's agreement)

by Linda Ghent

Opportunity cost is the cost of the next-best alternative. The notion of opportunity cost plays a crucial part in ensuring that scarce resources are used efficiently. It is important to keep in mind that opportunity costs are not restricted to monetary or financial costs.


Seinfeld: The Deal (Elaine's and Jerry's agreement)

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Jerry and Elaine are contemplating having sex, but worry about losing their friendship. “We can have this...or we can have that." But clearly, they can't have them both, though they try. Later, in the coffee shop, George chastises Jerry for trying to have them both.

from Seinfeld, Season 2 (1991)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent